£155,914
This estimated value is based upon the latest sale price for the house of £125,000 on 16 May 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 16 May 2018 |
| Freehold |
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 May 2018 the House Price Index for SHROPSHIRE was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £125,000 results in an estimated price of approximately £155,914.
| 16 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £125,000 | £30,914 | £155,914 |
The Postcode Pricing Model uses changes in average sales price within the SY4 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 | 67.148 % | £83,934 | £208,934 |
| 3 Month Average | 41.473 % | £51,841 | £176,841 |
| 6 Month Average | 42.331 % | £52,913 | £177,913 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Mar 2023 | £512,832 | £508,000 | OAKFIELD HOUSE BACK LANE |
| 1 Apr 2022 | £245,092 | £238,000 | 38 CHAPEL CLOSE |
| 1 Mar 2022 | £393,780 | £380,000 | 3 YEW TREE BANK |
| 22 Dec 2021 | £96,424 | £90,000 | VRON COTTAGE YEW TREE BANK |
| 29 Sep 2021 | £206,898 | £192,000 | 21 THE GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Merrington Road |
| Apr 2024 | Drugs | Unable to prosecute suspect | On or near Merrington Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crescent |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Crescent |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Crescent |