£409,606
This estimated value is based upon the latest sale price for the house of £228,000 on 25 Sep 2009. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £228,000 | 25 Sep 2009 |
| £248,000 | 26 May 2006 |
| £115,000 | 9 Dec 2002 |
| Semi-Detached |
| 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 September 2009 the House Price Index for SHROPSHIRE was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £228,000 results in an estimated price of approximately £409,606.
| 25 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 149.7 | 79.652 % | £228,000 | £181,606 | £409,606 |
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 | 92.166 % | £210,138 | £438,138 |
| 3 Month Average | 66.007 % | £150,496 | £378,496 |
| 6 Month Average | 60.534 % | £138,017 | £366,017 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £108,000 | £108,000 | UNIT 9 MAER LANE INDUSTRIAL ESTATE |
| 25 Mar 2024 | £111,716 | £110,000 | 28 HAWTHORN WAY |
| 15 Nov 2023 | £148,777 | £145,000 | 11 ROWAN ROAD |
| 1 Aug 2023 | £229,133 | £225,000 | 32 ROWAN ROAD |
| 2 Jun 2023 | £291,849 | £286,000 | 41 ROWAN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other crime | Awaiting court outcome | On or near Park/Open Space |
| Jul 2024 | Anti-social behaviour | On or near Maer Lane | |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Maer Lane |
| Jul 2024 | Anti-social behaviour | On or near Llewellyn Roberts Way | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laburnum Close |