£234,616
This estimated value is based upon the latest sale price for the house of £200,000 on 2 Oct 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £200,000 | 2 Oct 2020 |
| £160,000 | 13 May 2010 |
| £176,500 | 9 Jul 2007 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 951 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 October 2020 the House Price Index for SHROPSHIRE was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £200,000 results in an estimated price of approximately £234,616.
| 2 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £200,000 | £34,616 | £234,616 |
The Postcode Pricing Model uses changes in average sales price within the WV16 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 | 64.289 % | £128,578 | £328,578 |
| 3 Month Average | 55.777 % | £111,553 | £311,553 |
| 6 Month Average | 17.070 % | £34,139 | £234,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £283,626 | £280,000 | 63 HOOK FARM ROAD |
| 21 Jul 2023 | £253,411 | £250,000 | 61 HOOK FARM ROAD |
| 8 Feb 2023 | £186,874 | £187,000 | 1B RACECOURSE DRIVE |
| 30 Sep 2022 | £213,278 | £215,000 | 19 BOWERS CLOSE |
| 29 Sep 2022 | £194,430 | £196,000 | 5 HAUGHTON CLOSE |
This house has a floor area of 88 sq meters or 951 sq feet when measured on 1 Apr 2010. Using an estimated price of £234,617 means this house is valued at £2,653 per sq meter (£246 per sq foot).
The average size of a house on SYDNEY COTTAGE DRIVE is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sydney Cottage Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Haughton Close |
| Mar 2024 | Anti-social behaviour | On or near Bowers Close | |
| Mar 2024 | Anti-social behaviour | On or near Bowers Close | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Bowers Close |