£153,927
This estimated value is based upon the latest sale price for the house of £106,000 on 12 Jun 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Lambeth Close
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| Price Paid | Date |
|---|---|
| £106,000 | 12 Jun 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 594 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 June 2015 the House Price Index for SHROPSHIRE was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £106,000 results in an estimated price of approximately £153,927.
| 12 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £106,000 | £47,927 | £153,927 |
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 | 52.253 % | £55,387 | £161,387 |
| 3 Month Average | 51.819 % | £54,928 | £160,928 |
| 6 Month Average | 39.557 % | £41,930 | £147,930 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £392,012 | £387,000 | 3 STOKESAY CLOSE |
| 16 Mar 2023 | £407,842 | £404,000 | 9 STOKESAY CLOSE |
| 26 Jan 2023 | £462,820 | £465,000 | 8 STOKESAY CLOSE |
| 30 Jun 2022 | £375,304 | £370,000 | 1 QUARRY MEADOWS |
| 17 Jun 2022 | £162,294 | £160,000 | 1 ROSE COTTAGES |
This house has a floor area of 55 sq meters or 594 sq feet when measured on 17 Dec 2008. Using an estimated price of £153,928 means this house is valued at £2,788 per sq meter (£259 per sq foot).
The average size of a house on LUDLOW ROAD is 72 sq meters (783 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (594 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Lambeth Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Quarry Meadows |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stokesay Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stokesay Close |