£450,380
This estimated value is based upon the latest sale price for the house of £352,000 on 7 Aug 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £352,000 | 7 Aug 2017 |
| Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 August 2017 the House Price Index for SHROPSHIRE was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £352,000 results in an estimated price of approximately £450,380.
| 7 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £352,000 | £98,380 | £450,380 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 75.826 % | £266,905 | £618,905 |
| 3 Month Average | 35.996 % | £126,704 | £478,704 |
| 6 Month Average | 29.376 % | £103,404 | £455,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £161,402 | £160,000 | 68 RIVERSIDE DRIVE |
| 16 Nov 2023 | £225,730 | £220,000 | 18 GARDEN CITY |
| 14 Mar 2023 | £130,682 | £128,500 | 24 RIVERSIDE DRIVE |
| 10 Oct 2022 | £136,544 | £137,000 | 15 RIVERSIDE DRIVE |
| 11 May 2022 | £295,704 | £288,000 | HAZELDENE GARDEN CITY |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 15 Apr 2015. Using an estimated price of £450,381 means this house is valued at £2,943 per sq meter (£273 per sq foot).
The average size of a house on TERN HILL ROAD is 182 sq meters (1,962 sq feet).
This house is the largest in the street with a floor area of 153 sq meters (1,646 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Riverside Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Riverside Drive |
| May 2024 | Public order | Unable to prosecute suspect | On or near Riverside Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Riverside Drive |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Riverside Drive |