£426,208
This estimated value is based upon the latest sale price for the house of £345,000 on 22 Mar 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £345,000 | 22 Mar 2019 |
| £350,000 | 15 Dec 2017 |
| Flats/Maisonettes |
| 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 March 2019 the House Price Index for SHROPSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £345,000 results in an estimated price of approximately £426,208.
| 22 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £345,000 | £81,208 | £426,208 |
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 | 25.635 % | £88,439 | £433,439 |
| 3 Month Average | 22.232 % | £76,698 | £421,698 |
| 6 Month Average | 12.028 % | £41,495 | £386,495 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £202,452 | £200,000 | 63 SHERWOOD CRESCENT |
| 25 Aug 2022 | £872,651 | £875,000 | GARDENERS COTTAGE FARMHOUSE |
| 25 Jul 2022 | £168,453 | £168,000 | ZONE F PHASE II TERN VALLEY BUSINESS PARK |
| 30 Mar 2022 | £253,884 | £245,000 | 1 BIRCH CLOSE |
| 29 Mar 2022 | £124,351 | £120,000 | UNIT 92 TERN VALLEY BUSINESS PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Corbet Grove |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Birch Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area |