£497,555
This estimated value is based upon the latest sale price for the house of £310,000 on 18 Dec 2013. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £310,000 | 18 Dec 2013 |
| £310,000 | 27 Aug 2004 |
| Semi-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 December 2013 the House Price Index for SHROPSHIRE was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £310,000 results in an estimated price of approximately £497,555.
| 18 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £310,000 | £187,555 | £497,555 |
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 | 71.982 % | £223,145 | £533,145 |
| 3 Month Average | 66.783 % | £207,025 | £517,025 |
| 6 Month Average | 49.330 % | £152,923 | £462,923 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Feb 2023 | £524,647 | £525,000 | ROSEDALE |
| 1 Aug 2022 | £159,570 | £160,000 | 10 |
| 11 May 2022 | £560,562 | £550,000 | THE CHESTNUTS |
| 29 Apr 2022 | £607,581 | £590,000 | NISSI HOUSE |
| 6 Aug 2021 | £931,539 | £835,000 | OAKDENE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Shuker'S Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Lane |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Mill Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ollerton Lane |