£141,616
This estimated value is based upon the latest sale price for the house of £108,000 on 22 Dec 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £108,000 | 22 Dec 2016 |
| 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 2016 the House Price Index for SHROPSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £108,000 results in an estimated price of approximately £141,616.
| 22 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £108,000 | £33,616 | £141,616 |
The Postcode Pricing Model uses changes in average sales price within the SY4 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 | 84.402 % | £91,154 | £199,154 |
| 3 Month Average | 80.205 % | £86,621 | £194,621 |
| 6 Month Average | 49.439 % | £53,393 | £161,393 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £227,056 | £224,000 | HEIWA, 5C ASH GROVE |
| 14 Oct 2022 | £4,278,928 | £4,325,000 | WEM INDUSTRIAL ESTATE AND SEWAGEWORKS WEM INDUSTRIAL ESTATE |
| 5 Sep 2022 | £178,558 | £180,000 | UNIT F6 WEM INDUSTRIAL ESTATE |
| 14 Apr 2022 | £185,364 | £180,000 | 13 STALL MEADOW |
| 31 Mar 2022 | £521,240 | £503,000 | RIVENDELL CHURCH LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Stall Meadow |
| Mar 2024 | Anti-social behaviour | On or near Greenacres | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Windmill Meadow |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Oakley Meadow |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakley Meadow |