£748,348
This estimated value is based upon the latest sale price for the house of £474,500 on 28 Feb 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £474,500 | 28 Feb 2014 |
| £170,000 | 24 Jul 1996 |
| 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 February 2014 the House Price Index for SHROPSHIRE was 93.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 57.713%.Applying this 57.713% change to the original purchase price of £474,500 results in an estimated price of approximately £748,348.
| 28 Feb 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.0 | 57.713 % | £474,500 | £273,848 | £748,348 |
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 | 29.433 % | £139,661 | £614,161 |
| 3 Month Average | 44.609 % | £211,669 | £686,169 |
| 6 Month Average | 46.502 % | £220,652 | £695,152 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £662,237 | £660,000 | THE FIELD HOUSE MAIN ROAD |
| 15 Dec 2023 | £540,220 | £530,000 | FORGE HOUSE MAIN ROAD |
| 7 Dec 2023 | £580,992 | £570,000 | BETULA CHAPEL LANE |
| 28 Jul 2023 | £302,865 | £300,000 | 1 HOLLY FARM COTTAGES WOODHOUSE LANE |
| 23 Jun 2023 | £95,777 | £95,000 | 5 CHURCH FIELDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Griffin Close |
| Mar 2024 | Possession of weapons | Under investigation | On or near St Chads Way |
| Mar 2024 | Other crime | Under investigation | On or near St Chads Way |
| Jan 2024 | Anti-social behaviour | On or near Main Road | |
| Jan 2024 | Anti-social behaviour | On or near Main Road |