£408,234
This estimated value is based upon the latest sale price for the house of £314,000 on 16 Feb 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £314,000 | 16 Feb 2017 |
| £40,500 | 29 Feb 1996 |
| 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 February 2017 the House Price Index for SHROPSHIRE was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £314,000 results in an estimated price of approximately £408,234.
| 16 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £314,000 | £94,234 | £408,234 |
The Postcode Pricing Model uses changes in average sales price within the SY10 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 | 3.760 % | £11,805 | £325,805 |
| 3 Month Average | 8.121 % | £25,498 | £339,498 |
| 6 Month Average | 13.636 % | £42,818 | £356,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £175,000 | £175,000 | 3 GREYSTONES WAY |
| 22 Aug 2023 | £249,684 | £247,500 | 16 OAK DRIVE |
| 19 Jul 2023 | £253,411 | £250,000 | 31 OAK DRIVE |
| 2 Sep 2022 | £178,558 | £180,000 | 32 OAK DRIVE |
| 25 Jul 2022 | £221,095 | £220,500 | 8 OAK DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Radfords Field |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Radfords Field |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Radfords Field |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greystones Way |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greystones Way |