£370,531
This estimated value is based upon the latest sale price for the house of £285,000 on 21 Feb 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 21 Feb 2017 |
| Detached |
| Freehold |
| Floor Area: 197 sq meters or 2,120 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 February 2017 the House Price Index for SHROPSHIRE was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £285,000 results in an estimated price of approximately £370,531.
| 21 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £285,000 | £85,531 | £370,531 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | -32.431 % | £-92,428 | £192,571 |
| 3 Month Average | 14.273 % | £40,676 | £325,676 |
| 6 Month Average | 24.270 % | £69,170 | £354,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £100,883 | £100,000 | 20 COMBERMERE DRIVE |
| 11 Aug 2023 | £474,148 | £470,000 | 4 COLUMN HOUSE GARDENS |
| 10 Aug 2023 | £166,456 | £165,000 | 111 WINGFIELD CLOSE |
| 25 Jul 2023 | £185,497 | £183,000 | 35 WHITEHOUSE GARDENS |
| 15 Sep 2022 | £138,879 | £140,000 | 89 WHITEHOUSE GARDENS |
This house has a floor area of 197 sq meters or 2,120 sq feet when measured on 12 Feb 2018. Using an estimated price of £370,531 means this house is valued at £1,880 per sq meter (£174 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Bagley Drive | |
| Mar 2024 | Anti-social behaviour | On or near Bagley Drive |