£223,309
This estimated value is based upon the latest sale price for the house of £153,000 on 1 May 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £153,000 | 1 May 2015 |
| £157,500 | 19 Feb 2010 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 May 2015 the House Price Index for SHROPSHIRE was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £153,000 results in an estimated price of approximately £223,309.
| 1 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £153,000 | £70,309 | £223,309 |
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 | 41.209 % | £63,050 | £216,050 |
| 3 Month Average | 40.057 % | £61,286 | £214,286 |
| 6 Month Average | 36.582 % | £55,969 | £208,969 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £199,144 | £197,000 | 78 FARCROFT DRIVE |
| 31 Mar 2023 | £363,424 | £360,000 | 3 GALLOWSFIELD WALK |
| 24 Feb 2022 | £244,346 | £233,000 | 94 FARCROFT DRIVE |
| 26 Nov 2021 | £373,122 | £345,000 | 16 WARWICK ROGERS CLOSE |
| 12 Nov 2021 | £181,694 | £168,000 | 7 BEACONSFIELD ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 12 Feb 2021. Using an estimated price of £223,310 means this house is valued at £2,596 per sq meter (£241 per sq foot).
The average size of a house on RED BARN ROAD is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Red Barn Road |
| Feb 2024 | Anti-social behaviour | On or near Red Barn Road | |
| Feb 2024 | Anti-social behaviour | On or near Red Barn Road | |
| Feb 2024 | Anti-social behaviour | On or near Red Barn Road | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warwick Rogers Close |