£215,375
This estimated value is based upon the latest sale price for the house of £120,000 on 13 Dec 2005. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Hungry Lane
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| Price Paid | Date |
|---|---|
| £120,000 | 13 Dec 2005 |
| £91,000 | 29 Aug 2003 |
| £54,500 | 18 Dec 2002 |
| £32,000 | 30 Sep 1999 |
| £25,000 | 21 May 1999 |
| Semi-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 December 2005 the House Price Index for SHROPSHIRE was 82.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 79.479%.Applying this 79.479% change to the original purchase price of £120,000 results in an estimated price of approximately £215,375.
| 13 Dec 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.0 | 79.479 % | £120,000 | £95,375 | £215,375 |
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 | 54.326 % | £65,191 | £185,191 |
| 3 Month Average | 54.779 % | £65,734 | £185,734 |
| 6 Month Average | 50.164 % | £60,197 | £180,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £260,881 | £260,000 | 21 MELROSE CRESCENT |
| 13 Dec 2023 | £208,953 | £205,000 | 23 BARTONS ROAD |
| 4 Dec 2023 | £229,339 | £225,000 | 2 MELROSE CRESCENT |
| 30 Nov 2023 | £288,706 | £285,000 | 15 MELROSE CRESCENT |
| 30 Jun 2023 | £80,654 | £80,000 | 26 CHARLESWAY |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 5 Feb 2018. Using an estimated price of £215,375 means this house is valued at £3,214 per sq meter (£298 per sq foot).
There is one other house on the street which we know the size of, this is 5 OLD DALELANDS it is 71.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Hungry Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dalelands Estate |
| Apr 2024 | Anti-social behaviour | On or near Charlesway | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Charlesway |