£213,505
This estimated value is based upon the latest sale price for the house of £160,000 on 21 Oct 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Parking Area
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| Price Paid | Date |
|---|---|
| £160,000 | 21 Oct 2016 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 October 2016 the House Price Index for SHROPSHIRE was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £160,000 results in an estimated price of approximately £213,505.
| 21 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £160,000 | £53,505 | £213,505 |
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 | 68.127 % | £109,003 | £269,003 |
| 3 Month Average | 34.795 % | £55,672 | £215,672 |
| 6 Month Average | 32.536 % | £52,058 | £212,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £312,665 | £309,950 | 8 THE VILLAS |
| 19 Jun 2023 | £204,090 | £200,000 | 63 SHERWOOD CRESCENT |
| 25 Aug 2022 | £879,111 | £875,000 | GARDENERS COTTAGE FARMHOUSE |
| 25 Jul 2022 | £169,700 | £168,000 | ZONE F PHASE II TERN VALLEY BUSINESS PARK |
| 30 Mar 2022 | £255,764 | £245,000 | 1 BIRCH CLOSE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 12 Sep 2016. Using an estimated price of £213,506 means this house is valued at £1,629 per sq meter (£151 per sq foot).
The average size of a house on TERN HILL ROAD is 182 sq meters (1,962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Unable to prosecute suspect | On or near Parking Area |
| May 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Badger Way |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Longford Turning |
| May 2024 | Burglary | Unable to prosecute suspect | On or near Longford Turning |