£308,755
This estimated value is based upon the latest sale price for the house of £249,950 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£249,950 | 15 Feb 2019 |
Detached |
Freehold |
Floor Area: 160 sq meters or 1,722 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 February 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 23.527%.Applying this 23.527% change to the original purchase price of £249,950 results in an estimated price of approximately £308,755.
15 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.527 % | £249,950 | £58,805 | £308,755 |
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 | 57.896 % | £144,710 | £394,660 |
3 Month Average | -2.576 % | £-6,439 | £243,510 |
6 Month Average | 7.351 % | £18,373 | £268,323 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £147,179 | £145,000 | 11 ROWAN ROAD |
1 Aug 2023 | £226,986 | £225,000 | 32 ROWAN ROAD |
14 Jul 2023 | £228,070 | £225,000 | 44 CAMPBELL ROAD |
2 Jun 2023 | £289,507 | £286,000 | 41 ROWAN ROAD |
17 Mar 2023 | £181,712 | £180,000 | 17 WARWICK CLOSE |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 10 Oct 2018. Using an estimated price of £308,755 means this house is valued at £1,929 per sq meter (£179 per sq foot).
The average size of a house on MAER LANE is 106 sq meters (1,151 sq feet).
This house is the largest in the street with a floor area of 160 sq meters (1,722 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Maer Lane |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Maer Lane |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Laburnum Close |