£224,994
This estimated value is based upon the latest sale price for the house of £174,848 on 26 May 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £174,848 | 26 May 2017 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 sq feet |
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 2017 the House Price Index for SHROPSHIRE was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £174,848 results in an estimated price of approximately £224,994.
| 26 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £174,848 | £50,146 | £224,994 |
The Postcode Pricing Model uses changes in average sales price within the WV16 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 | 0.596 % | £1,041 | £175,889 |
| 3 Month Average | 62.329 % | £108,980 | £283,828 |
| 6 Month Average | 39.693 % | £69,402 | £244,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £383,402 | £378,500 | 38 HIGHLANDS ROAD |
| 11 Sep 2023 | £440,634 | £435,000 | CHETWYND HOUSE, 6 STRETTON CLOSE |
| 10 Aug 2023 | £736,443 | £730,000 | 15 LUDLOW ROAD |
| 6 Apr 2023 | £310,342 | £307,000 | 36 CASTLEFIELDS |
| 24 Nov 2022 | £375,452 | £380,000 | 30 HIGHLANDS ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 24 Feb 2015. Using an estimated price of £224,995 means this house is valued at £1,939 per sq meter (£180 per sq foot).
The average size of a house on CONDUIT LANE is 121 sq meters (1,305 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Castlefields |
| Jan 2024 | Anti-social behaviour | On or near Stretton Close | |
| Jan 2024 | Anti-social behaviour | On or near Stretton Close | |
| Jan 2024 | Anti-social behaviour | On or near Stretton Close | |
| Jan 2024 | Anti-social behaviour | On or near Stretton Close |