£395,250
This estimated value is based upon the latest sale price for the house of £265,000 on 5 Dec 2014. 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 Tern Ridge
More crime details
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| Price Paid | Date |
|---|---|
| £265,000 | 5 Dec 2014 |
| Semi-Detached |
| 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 December 2014 the House Price Index for SHROPSHIRE was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £265,000 results in an estimated price of approximately £395,250.
| 5 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £265,000 | £130,250 | £395,250 |
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 | 61.548 % | £163,103 | £428,103 |
| 3 Month Average | 45.744 % | £121,221 | £386,221 |
| 6 Month Average | 40.119 % | £106,315 | £371,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £298,821 | £295,000 | STAGS HEAD GREAT HALES STREET |
| 8 Mar 2023 | £79,751 | £79,000 | 4 CROSS STREET |
| 28 Nov 2022 | £612,580 | £620,000 | PRIMROSE COTTAGE TERN RIDGE |
| 14 Oct 2022 | £174,620 | £176,500 | 44 GREAT HALES STREET |
| 14 Sep 2022 | £158,718 | £160,000 | HIGHBURY HOUSE GREAT HALES STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Tern Ridge |
| Mar 2024 | Burglary | Under investigation | On or near High Street |
| Feb 2024 | Vehicle crime | Under investigation | On or near High Street |
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near High Street |
| Jan 2024 | Anti-social behaviour | On or near High Street |