£245,416
This estimated value is based upon the latest sale price for the house of £192,500 on 24 Jul 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £192,500 | 24 Jul 2017 |
| 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 July 2017 the House Price Index for SHROPSHIRE was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £192,500 results in an estimated price of approximately £245,416.
| 24 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £192,500 | £52,916 | £245,416 |
The Postcode Pricing Model uses changes in average sales price within the SY13 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 | 40.252 % | £77,485 | £269,985 |
| 3 Month Average | 39.177 % | £75,416 | £267,916 |
| 6 Month Average | 29.306 % | £56,414 | £248,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £380,635 | £375,000 | WEDGEWOOD MILL LANE |
| 25 Aug 2023 | £267,339 | £265,000 | 6 GORSE MEADOW |
| 15 Aug 2022 | £234,369 | £235,000 | 9 THE PINES |
| 31 Jan 2022 | £368,343 | £350,000 | 19 BIRCHWOOD GROVE |
| 14 Jan 2022 | £231,530 | £220,000 | 10 THE PINES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gorse Meadow |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gorse Meadow |
| Mar 2024 | Other theft | Under investigation | On or near Gorse Meadow |
| Mar 2024 | Vehicle crime | Under investigation | On or near Gorse Meadow |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Woodlands Grove |