£479,087
This estimated value is based upon the latest sale price for the house of £290,000 on 24 May 2013. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £290,000 | 24 May 2013 |
| Terraced |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 May 2013 the House Price Index for SHROPSHIRE was 88.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 65.203%.Applying this 65.203% change to the original purchase price of £290,000 results in an estimated price of approximately £479,087.
| 24 May 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 146.7 | 65.203 % | £290,000 | £189,087 | £479,087 |
The Postcode Pricing Model uses changes in average sales price within the WR15 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 | 91.676 % | £265,861 | £555,861 |
| 3 Month Average | 28.250 % | £81,926 | £371,926 |
| 6 Month Average | 70.858 % | £205,488 | £495,488 |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 15 Nov 2021.
The average size of a house on SPUR TREE LANE is 201 sq meters (2,166 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Boraston Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longmeadow Drive |
| Feb 2024 | Anti-social behaviour | On or near Iverley Court | |
| Feb 2024 | Anti-social behaviour | On or near Iverley Court | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Iverley Court |