£659,262
This estimated value is based upon the latest sale price for the house of £535,000 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £535,000 | 23 Nov 2018 |
| 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 November 2018 the House Price Index for SHROPSHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £535,000 results in an estimated price of approximately £659,262.
| 23 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £535,000 | £124,262 | £659,262 |
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 | -32.635 % | £-174,597 | £360,402 |
| 3 Month Average | 1.255 % | £6,711 | £541,711 |
| 6 Month Average | 0.551 % | £2,947 | £537,947 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £175,000 | £175,000 | 3 GREYSTONES WAY |
| 15 Sep 2023 | £734,390 | £725,000 | MCDONALDS RESTAURANTS LTD SMITHFIELDS LIVESTOCK MARKET SHREWSBURY ROAD |
| 22 Aug 2023 | £249,684 | £247,500 | 16 OAK DRIVE |
| 19 Jul 2023 | £253,411 | £250,000 | 31 OAK DRIVE |
| 2 Sep 2022 | £178,558 | £180,000 | 32 OAK DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Radfords Field |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Radfords Field |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |