£493,349
This estimated value is based upon the latest sale price for the house of £400,000 on 10 Jul 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £400,000 | 10 Jul 2019 |
| 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 2019 the House Price Index for SHROPSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £400,000 results in an estimated price of approximately £493,349.
| 10 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £400,000 | £93,349 | £493,349 |
The Postcode Pricing Model uses changes in average sales price within the SY4 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 | 24.236 % | £96,945 | £496,945 |
| 3 Month Average | 55.772 % | £223,087 | £623,087 |
| 6 Month Average | 31.765 % | £127,061 | £527,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £630,516 | £625,000 | DUNBAR HOUSE STATION ROAD |
| 9 Jun 2022 | £507,167 | £500,000 | WINDY RIDGE STATION ROAD |
| 1 Dec 2021 | £491,226 | £458,500 | 7 NEW STREET |
| 22 Oct 2021 | £536,642 | £485,000 | MINE BANK HOUSE MINE BANK |
| 27 Sep 2021 | £269,398 | £250,000 | WREN COTTAGE, 3 JUBILEE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Sansaw Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Wem Road |
| Dec 2023 | Drugs | Under investigation | On or near The Hollow |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Pimhill Lane |