£1,027,093
This estimated value is based upon the latest sale price for the house of £311,000 on 31 Aug 2001. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £311,000 | 31 Aug 2001 |
| 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 2001 the House Price Index for SHROPSHIRE was 44.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 230.255%.Applying this 230.255% change to the original purchase price of £311,000 results in an estimated price of approximately £1,027,093.
| 31 Aug 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.0 | 230.255 % | £311,000 | £716,093 | £1,027,093 |
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 | 205.744 % | £639,865 | £950,865 |
| 3 Month Average | 194.043 % | £603,473 | £914,473 |
| 6 Month Average | 189.271 % | £588,631 | £899,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £193,664 | £190,000 | 8 BEAN BANK |
| 21 Aug 2023 | £406,472 | £404,000 | PENFOLD COTTAGE, 13 - 14 DRAYTON ROAD |
| 18 Aug 2023 | £241,468 | £240,000 | LAVENDER VILLA |
| 1 Aug 2023 | £694,222 | £690,000 | THE CASTLE |
| 19 Jan 2023 | £247,823 | £250,000 | 28 WOOD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Mickley Lane |
| Apr 2024 | Possession of weapons | Under investigation | On or near Lostford Lane |
| Apr 2024 | Drugs | Under investigation | On or near Lostford Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mill Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barns Lane |