£279,400
This estimated value is based upon the latest sale price for the house of £220,000 on 24 Nov 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£220,000 | 24 Nov 2017 |
£230,000 | 22 Sep 2017 |
£195,000 | 30 Jul 2010 |
Detached |
Freehold |
Floor Area: 118 sq meters or 1,271 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 November 2017 the House Price Index for SHROPSHIRE was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £220,000 results in an estimated price of approximately £279,400.
24 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £220,000 | £59,400 | £279,400 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 72.713 % | £159,968 | £379,968 |
3 Month Average | 33.378 % | £73,432 | £293,432 |
6 Month Average | 23.460 % | £51,612 | £271,612 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £215,469 | £210,000 | 30 FARCROFT DRIVE |
31 Aug 2023 | £285,143 | £280,000 | 53 CHANCEL DRIVE |
23 Jun 2023 | £231,642 | £227,000 | 39 CHANCEL DRIVE |
31 Mar 2023 | £366,114 | £360,000 | 3 GALLOWSFIELD WALK |
21 Mar 2023 | £289,840 | £285,000 | 48 FARCROFT DRIVE |
This house has a floor area of 118 sq meters or 1,271 sq feet when measured on 25 May 2010. Using an estimated price of £279,400 means this house is valued at £2,364 per sq meter (£219 per sq foot).
The average size of a house on CHANCEL DRIVE is 92 sq meters (992 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Monksfield |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priors Lane |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warwick Rogers Close |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cedar Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Meadow Close |