£473,918
This estimated value is based upon the latest sale price for the house of £366,000 on 27 Feb 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £366,000 | 27 Feb 2017 |
| Detached |
| Freehold |
| Floor Area: 175 sq meters or 1,883 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 February 2017 the House Price Index for SHROPSHIRE was 114.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 29.486%.Applying this 29.486% change to the original purchase price of £366,000 results in an estimated price of approximately £473,918.
| 27 Feb 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.0 | 29.486 % | £366,000 | £107,918 | £473,918 |
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 | 23.125 % | £84,637 | £450,637 |
| 3 Month Average | 26.653 % | £97,549 | £463,549 |
| 6 Month Average | 22.994 % | £84,157 | £450,157 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £216,044 | £214,000 | 23 DAMSON FAYRE |
| 3 Apr 2023 | £204,520 | £203,000 | 8 STUART WAY |
| 31 Mar 2023 | £203,601 | £202,500 | 24 MILTON DRIVE |
| 17 Mar 2023 | £136,739 | £136,000 | 23 TUDOR CLOSE |
| 27 Jun 2022 | £358,635 | £355,000 | 37 MILTON DRIVE |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 16 Aug 2016. Using an estimated price of £473,919 means this house is valued at £2,708 per sq meter (£251 per sq foot).
The average size of a house on ADDERLEY ROAD is 263 sq meters (2,833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Under investigation | On or near Stuart Way |
| Apr 2024 | Shoplifting | Under investigation | On or near Milton Drive |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Milton Drive |
| Mar 2024 | Burglary | Under investigation | On or near Darwin Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hampton Drive |