£657,914
This estimated value is based upon the latest sale price for the house of £525,000 on 22 Mar 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £525,000 | 22 Mar 2018 |
| £325,000 | 14 Oct 2010 |
| £125,000 | 27 Jan 2000 |
| 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 March 2018 the House Price Index for SHROPSHIRE was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £525,000 results in an estimated price of approximately £657,914.
| 22 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £525,000 | £132,914 | £657,914 |
The Postcode Pricing Model uses changes in average sales price within the SY4 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 | 63.669 % | £334,262 | £859,262 |
| 3 Month Average | 78.994 % | £414,718 | £939,718 |
| 6 Month Average | 35.839 % | £188,156 | £713,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2023 | £344,638 | £340,000 | 1 HILLSIDE |
| 1 Dec 2021 | £491,226 | £458,500 | 7 NEW STREET |
| 25 Nov 2021 | £839,241 | £775,987 | HIGHFIELD HOUSE WEM ROAD |
| 28 Oct 2021 | £1,106,423 | £999,950 | THE COURTYARD SHOOTERS HILL BARNS WEM ROAD |
| 29 Sep 2021 | £781,255 | £725,000 | MATTU MANOR, 10 WEM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grove Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cronk Hill |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Sansaw Road |