£586,970
This estimated value is based upon the latest sale price for the house of £395,000 on 19 Jan 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £395,000 | 19 Jan 2015 |
| £245,000 | 14 Jun 2002 |
| £171,500 | 3 Oct 1997 |
| 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 January 2015 the House Price Index for SHROPSHIRE was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £395,000 results in an estimated price of approximately £586,970.
| 19 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £395,000 | £191,970 | £586,970 |
The Postcode Pricing Model uses changes in average sales price within the SY8 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 | 98.839 % | £390,414 | £785,414 |
| 3 Month Average | 39.519 % | £156,099 | £551,099 |
| 6 Month Average | 44.453 % | £175,589 | £570,589 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £898,488 | £887,000 | GREYSTONE HOUSE CUMBERLEY LANE |
| 17 Aug 2023 | £544,766 | £540,000 | 12 COLLYBROOK PARK |
| 9 Jun 2023 | £202,452 | £200,000 | BENNETTS END STABLES |
| 9 Jun 2023 | £1,062,875 | £1,050,000 | BENNETTS END COTTAGE |
| 6 Jun 2023 | £394,782 | £390,000 | GREENDALE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Caynham Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cumberley Lane |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Ludlow Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ludlow Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ludlow Road |