£250,618
This estimated value is based upon the latest sale price for the house of £239,950 on 3 Feb 2022. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £239,950 | 3 Feb 2022 |
| £100,000 | 15 Apr 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 February 2022 the House Price Index for SHROPSHIRE was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £239,950 results in an estimated price of approximately £250,618.
| 3 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £239,950 | £10,668 | £250,618 |
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 | -16.423 % | £-39,405 | £200,544 |
| 3 Month Average | -0.253 % | £-607 | £239,342 |
| 6 Month Average | 14.025 % | £33,652 | £273,602 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £222,101 | £220,000 | 5 STABLE LANE |
| 2 Jun 2023 | £221,798 | £220,000 | 6 MEADOW CLOSE |
| 15 Mar 2023 | £467,527 | £465,000 | 1 CROFT WAY |
| 24 Jun 2022 | £237,406 | £235,000 | 20 STABLE LANE |
| 17 Jun 2022 | £254,580 | £252,000 | 14 CROFT WAY |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 6 Mar 2020. Using an estimated price of £250,618 means this house is valued at £2,724 per sq meter (£253 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Rush Lane |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rush Lane |
| Feb 2024 | Burglary | Under investigation | On or near Stable Lane |
| Apr 2024 | Anti-social behaviour | On or near Orwell Road | |
| Apr 2024 | Anti-social behaviour | On or near Orwell Road |