£788,599
This estimated value is based upon the latest sale price for the house of £735,000 on 24 Jun 2021. 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 Redwood Lane
More crime details
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| Price Paid | Date |
|---|---|
| £735,000 | 24 Jun 2021 |
| £140,000 | 15 Jan 1998 |
| Freehold |
| Floor Area: 216 sq meters or 2,328 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 June 2021 the House Price Index for SHROPSHIRE was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £735,000 results in an estimated price of approximately £788,599.
| 24 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £735,000 | £53,599 | £788,599 |
The Postcode Pricing Model uses changes in average sales price within the SY7 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 | 0.079 % | £580 | £735,580 |
| 3 Month Average | -7.890 % | £-57,993 | £677,006 |
| 6 Month Average | -16.657 % | £-122,427 | £612,572 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £690,219 | £680,000 | SWALLOW BARN KEMPTON FARM |
| 19 Jul 2022 | £799,151 | £797,000 | UPPER HOUSE |
| 24 Jun 2022 | £233,297 | £230,000 | 6 ORCHARD PLACE |
| 17 Dec 2021 | £123,208 | £115,000 | 3 ORCHARD PLACE |
| 24 Sep 2021 | £457,977 | £425,000 | THE OLD FORGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Redwood Lane |