£424,022
This estimated value is based upon the latest sale price for the house of £250,000 on 29 Jun 2012. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 29 Jun 2012 |
| £45,000 | 30 Jan 1995 |
| 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 June 2012 the House Price Index for SHROPSHIRE was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £250,000 results in an estimated price of approximately £424,022.
| 29 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £250,000 | £174,022 | £424,022 |
The Postcode Pricing Model uses changes in average sales price within the SY7 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 | 52.945 % | £132,362 | £382,362 |
| 3 Month Average | 70.265 % | £175,661 | £425,661 |
| 6 Month Average | 59.891 % | £149,728 | £399,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Nov 2022 | £296,410 | £300,000 | 1 WESTON COTTAGES |
| 12 Oct 2022 | £415,526 | £420,000 | HURST HILL FARM BARN |
| 17 Jun 2022 | £223,154 | £220,000 | CROSSING COTTAGE |
| 5 Nov 2021 | £542,920 | £502,000 | ENGLISH COTTAGE |
| 15 Sep 2021 | £215,518 | £200,000 | 6 BRYNCLLED BARNS |