£347,525
This estimated value is based upon the latest sale price for the house of £247,000 on 28 Oct 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £247,000 | 28 Oct 2015 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 October 2015 the House Price Index for SHROPSHIRE was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £247,000 results in an estimated price of approximately £347,525.
| 28 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £247,000 | £100,525 | £347,525 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 46.424 % | £114,667 | £361,667 |
| 3 Month Average | 20.574 % | £50,817 | £297,817 |
| 6 Month Average | 26.314 % | £64,995 | £311,995 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £217,785 | £215,000 | 15 BRIDGEMAN ROAD |
| 22 Aug 2023 | £191,626 | £189,950 | 7 POWIS AVENUE |
| 27 Apr 2023 | £179,028 | £177,100 | 19 BRIDGEMAN ROAD |
| 31 Oct 2022 | £164,726 | £166,500 | 29 POWIS AVENUE |
| 23 Aug 2022 | £284,235 | £285,000 | 3 ARDMILLAN CLOSE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 22 Jan 2015. Using an estimated price of £347,526 means this house is valued at £2,758 per sq meter (£256 per sq foot).
The average size of a house on ARDMILLAN LANE is 180 sq meters (1,942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Parking Area |
| Dec 2023 | Other theft | Under investigation | On or near Parking Area |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |