£539,916
This estimated value is based upon the latest sale price for the house of £325,000 on 28 Aug 2008. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 28 Aug 2008 |
| £115,000 | 7 Apr 1997 |
| 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 August 2008 the House Price Index for SHROPSHIRE was 88.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.128%.Applying this 66.128% change to the original purchase price of £325,000 results in an estimated price of approximately £539,916.
| 28 Aug 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 146.7 | 66.128 % | £325,000 | £214,916 | £539,916 |
The Postcode Pricing Model uses changes in average sales price within the SY10 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 | 22.988 % | £74,711 | £399,711 |
| 3 Month Average | 22.429 % | £72,893 | £397,893 |
| 6 Month Average | 34.426 % | £111,883 | £436,883 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Spring Bank |
| Jan 2024 | Other theft | Under investigation | On or near Whitridge Way |
| Jan 2024 | Other crime | Under investigation | On or near Whitridge Way |
| Feb 2024 | Public order | Under investigation | On or near Woodland View |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gibraltar Lane |