£484,247
This estimated value is based upon the latest sale price for the house of £391,500 on 29 Aug 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£391,500 | 29 Aug 2018 |
Detached |
Freehold |
Floor Area: 151 sq meters or 1,625 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 August 2018 the House Price Index for SHROPSHIRE was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £391,500 results in an estimated price of approximately £484,247.
29 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 148.6 | 23.690 % | £391,500 | £92,747 | £484,247 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 43.159 % | £168,966 | £560,466 |
3 Month Average | 47.548 % | £186,151 | £577,651 |
6 Month Average | 25.817 % | £101,074 | £492,574 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £302,648 | £300,000 | 54 WHITE HART |
8 Mar 2023 | £343,234 | £340,000 | 47 DOVE CLOSE |
20 May 2022 | £380,163 | £373,000 | 55 DOVE CLOSE |
6 May 2022 | £208,937 | £205,000 | 143 MURRELL WAY |
21 Jan 2022 | £378,867 | £360,000 | 34 DOVE CLOSE |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 9 May 2018. Using an estimated price of £484,248 means this house is valued at £3,206 per sq meter (£297 per sq foot).
The average size of a house on MURRELL WAY is 104 sq meters (1,124 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Murrell Way | |
Dec 2023 | Anti-social behaviour | On or near Murrell Way | |
Dec 2023 | Anti-social behaviour | On or near Murrell Way | |
Dec 2023 | Anti-social behaviour | On or near Murrell Way | |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Rose Drive |