£232,084
This estimated value is based upon the latest sale price for the house of £175,000 on 6 Jul 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£175,000 | 6 Jul 2016 |
£167,500 | 19 Jul 2013 |
£147,000 | 20 Aug 2010 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,012 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 July 2016 the House Price Index for SHROPSHIRE was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.620%.Applying this 32.620% change to the original purchase price of £175,000 results in an estimated price of approximately £232,084.
6 Jul 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.0 | 32.620 % | £175,000 | £57,084 | £232,084 |
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 | 30.512 % | £53,396 | £228,396 |
3 Month Average | 31.640 % | £55,370 | £230,370 |
6 Month Average | 28.370 % | £49,647 | £224,647 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £212,731 | £210,000 | 30 FARCROFT DRIVE |
31 Aug 2023 | £281,713 | £280,000 | 53 CHANCEL DRIVE |
23 Jun 2023 | £228,856 | £227,000 | 39 CHANCEL DRIVE |
31 Mar 2023 | £361,957 | £360,000 | 3 GALLOWSFIELD WALK |
21 Mar 2023 | £286,549 | £285,000 | 48 FARCROFT DRIVE |
This house has a floor area of 94 sq meters or 1,012 sq feet when measured on 14 Apr 2010. Using an estimated price of £232,085 means this house is valued at £2,467 per sq meter (£229 per sq foot).
The average size of a house on CHANCEL DRIVE is 92 sq meters (992 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chancel Drive |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Aumbry Close |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashwood Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ashwood Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priors Lane |