£525,809
This estimated value is based upon the latest sale price for the house of £288,000 on 15 Aug 2005. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £288,000 | 15 Aug 2005 |
| £130,000 | 14 Jan 2000 |
| £65,000 | 15 May 1996 |
| 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 August 2005 the House Price Index for SHROPSHIRE was 81.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 82.573%.Applying this 82.573% change to the original purchase price of £288,000 results in an estimated price of approximately £525,809.
| 15 Aug 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.0 | 82.573 % | £288,000 | £237,809 | £525,809 |
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 | 42.890 % | £123,521 | £411,521 |
| 3 Month Average | 56.607 % | £163,029 | £451,029 |
| 6 Month Average | 54.683 % | £157,485 | £445,485 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £110,373 | £110,000 | 28 HAWTHORN WAY |
| 15 Nov 2023 | £146,886 | £145,000 | 11 ROWAN ROAD |
| 1 Aug 2023 | £226,377 | £225,000 | 32 ROWAN ROAD |
| 2 Jun 2023 | £288,338 | £286,000 | 41 ROWAN ROAD |
| 17 Mar 2023 | £180,978 | £180,000 | 17 WARWICK CLOSE |
| 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 |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warwick Close |