£406,844
This estimated value is based upon the latest sale price for the house of £400,000 on 26 May 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 26 May 2023 |
| £387,000 | 27 Aug 2020 |
| 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 May 2023 the House Price Index for SHROPSHIRE was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £400,000 results in an estimated price of approximately £406,844.
| 26 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £400,000 | £6,844 | £406,844 |
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 | -3.839 % | £-15,355 | £384,644 |
| 3 Month Average | 4.288 % | £17,153 | £417,153 |
| 6 Month Average | -4.414 % | £-17,654 | £382,345 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £660,000 | £660,000 | THE FIELD HOUSE MAIN ROAD |
| 15 Dec 2023 | £539,438 | £530,000 | FORGE HOUSE MAIN ROAD |
| 7 Dec 2023 | £580,151 | £570,000 | BETULA CHAPEL LANE |
| 23 Jun 2023 | £96,165 | £95,000 | 5 CHURCH FIELDS |
| 8 Aug 2022 | £638,282 | £640,000 | 26 PEAR TREE CROFT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Pear Tree Croft | |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Pear Tree Croft |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pear Tree Croft |
| Jan 2024 | Anti-social behaviour | On or near Main Road | |
| Jan 2024 | Anti-social behaviour | On or near Main Road |