£320,868
This estimated value is based upon the latest sale price for the house of £125,000 on 15 Nov 2002. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£125,000 | 15 Nov 2002 |
£57,000 | 1 Aug 1995 |
Detached |
Freehold |
Floor Area: 67 sq meters or 721 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 2002 the House Price Index for SHROPSHIRE was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £125,000 results in an estimated price of approximately £320,868.
15 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
57.9 | 148.6 | 156.695 % | £125,000 | £195,868 | £320,868 |
The Postcode Pricing Model uses changes in average sales price within the TF10 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 | 84.804 % | £106,004 | £231,004 |
3 Month Average | 65.051 % | £81,313 | £206,313 |
6 Month Average | 98.079 % | £122,598 | £247,598 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £266,006 | £263,500 | 8 ASPEN WAY |
10 Feb 2023 | £377,246 | £377,500 | 10 WALNUT CLOSE |
15 Aug 2022 | £299,195 | £300,000 | 1 ROWAN DRIVE |
29 Jul 2022 | £186,502 | £186,000 | 3 TOWN WELLS MEWS |
15 Jul 2022 | £170,459 | £170,000 | 24 ROWAN DRIVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 22 May 2020. Using an estimated price of £320,869 means this house is valued at £4,789 per sq meter (£444 per sq foot).
The average size of a house on ELM CLOSE is 85 sq meters (914 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Town Wells Mews |
Jan 2024 | Public order | Under investigation | On or near Town Wells Mews |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Carnival Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Town Wells |
Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Mulberry Close |