£426,581
This estimated value is based upon the latest sale price for the house of £277,500 on 11 Apr 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £277,500 | 11 Apr 2014 |
| £245,000 | 13 May 2011 |
| £190,000 | 2 Mar 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 sq feet |
This model uses changes in the Official Land Registry House Price Index for SHROPSHIRE to estimate the market value.
When this house was purchased in April 2014 the House Price Index for SHROPSHIRE was 95.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 53.723%.Applying this 53.723% change to the original purchase price of £277,500 results in an estimated price of approximately £426,581.
| 11 Apr 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 146.7 | 53.723 % | £277,500 | £149,081 | £426,581 |
The Postcode Pricing Model uses changes in average sales price within the SY3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 69.081 % | £191,698 | £469,198 |
| 3 Month Average | 44.637 % | £123,868 | £401,368 |
| 6 Month Average | 59.433 % | £164,927 | £442,427 |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 29 May 2013.
The average size of a house on OAKFIELD ROAD is 106 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Rad Valley Gardens |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Rad Valley Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Shopping Area |
| Jan 2024 | Anti-social behaviour | On or near Shopping Area |