Detached
883 sq ft
59.5%
PROPERTY VALUATION
£
Last sold: September 2015
INVESTMENT PERFORMANCE
Investment return: 5.0% per year throughout 2001 - 2015
PRICE CHANGE
£119,000
Percentage change: +59.5%
REFINE VALUATION
Property summary Last updated: 05/06/2024
Last updated: 05/06/2024
Peartree Farm, The Croft is a detached house spread over 883 square feet, making it one of the bigger properties here - it is ranked as the 3rd most expensive property* in S72 8NZ, with a valuation of £319,000.
Since it last sold in September 2015 for £200,000, its value has increased by £119,000.
Detached houses across S72 8 have been selling for £267 per square foot.
This property is currently valued at £361 per square foot.
We expect this property to be in very good condition or to be significantly more desirable for some other reason based on its price per square foot.
Latest market data valuation: £234,000
24 detached houses have sold at an average price of £269,000 in S72 8 over the last 12 months.
- The latest sale in S72 8NZ went for £350k on 18 Mar 2024.
- If we valued this property based on the price per square foot achieved on the latest sale^ it would be worth £234,000.
- The average property value in this postcode is £203,000.
- 6 properties have sold in S72 8NZ over the last 5 years.
Good value location Typical size property
Recently sold in the local area
Searching for recent sales near here
60%
This property has increased in price by 60% since it last sold 8 years ago.
57%
This property is 57% more expensive than average in Ashwell Close, S72 8NZ.
Sale history
The most paid for a property in Ashwell Close, S72 8NZ was £350,000 in 2024.
| Date | Price | Change |
|---|---|---|
| Today's value* | £319,000 | 59.5% |
| 25 Sep 2015 | £200,000 | 100.0% |
| 01 Aug 2001 | £100,000 | - |
Investment Performance
Annual change: 5%
The previous owner had the property for 14 years, having purchased it in August 2001 for £100,000.
During this time, the price rose by £100,000 (100%), which equates to it increasing in value by 5% each year.
The property turned out to be a good investment for the previous owner.
The local market - Ashwell Close, S72 8NZ
Why is The Move Market valuation less than my estate agents valuation?
- Valuations range from £137,000 for a 614 square foot semi-detached house to £347,000 for a 1,647 square foot detached house.
- The average price of property in Ashwell Close is £202,780.
- Expect to pay between £209 and £283 per square foot for a property in Ashwell Close, the average cost per square foot here is £246.
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What home improvements will add the most value?
Valuation details
5.5%
Peartree Farm, The Croft, Ashwell Close, Shafton has increased in price by £119,000 since it last sold in 2015 - this equates to a 5.5% rise each year.
At its last energy performance certificate inspection, it got a below average rating for this postcode with a score of 44 out of 100.
On a cost per square foot basis, this property is valued at 44% more than the other houses in this postcode.
PROPERTY VITALS
- Freehold detached house
- 883 square feet
- 3% bigger than the average property in this postcode
- 57% more expensive than the average here
This property is currently valued at £361 per square foot - the average cost per square foot for this postcode is £251.
A higher cost per square foot can indicate that the property is in a better condition than the other properties or that it has a bigger garden (for more information see our valuation review) of this property.
If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £367,000.
SOLD PRICES SALES GRAPH
Essential buying details
-
Built between 1967 and 1975, the property has sold twice over the last 29 years.
-
If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £301k and £337k.
-
The property turned out to be a good investment for the previous owner - returning on average 5.0% per annum.
| Property | Valuation | ||
|---|---|---|---|
 | 27 Ashwell Close, Shafton 2 bed | 614 sq. ft. | £137,000(+21% since 2021) | |
 | 37 Ashwell Close, Shafton 3 bed | 667 sq. ft. | £169,000(+10% since 2021) | |
 | 67 Ashwell Close, Shafton 3 bed | 1087 sq. ft. | £221,000(+9% since 2021) | |
| 30 Ashwell Close, Shafton 1302 sq.ft. | £346,000 (-1% since 2024) | ||
 | 2 Ashwell Close, Shafton 3 bed | 1647 sq. ft. | £347,000(+2% since 2023) |
VIEW ALL VALUATIONS
Expected property condition
For this property to sell at £319k, we expect it to be in a substantially better condition than the neighbouring properties in the road.
At this sale price, this property has a cost per square foot of £361 - this is substantially more than the other properties in the road (which have an average cost per square foot coming in at £246).
The property condition is forecast based on the cost per square foot valuation when compared to other properties in the road.
Refurbishment
Fully refurbished valuation
£346k
Low end expectation
£388k
High end potential
If Peartree Farm, The Croft was previously purchased in a poor state of repair and then refurbished throughout, we would expect it to sit within a new price range starting at £346,000 and possibly fetching up to £388,000.
See how home improvements can increase the value of this property.
Update valuation
How do we calculate valuations?
Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.
The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.
In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.
If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.
What makes a property more desirable?
A number of things can make a property more desirable and sell for more money per square foot than others in the area.
Some of the things that can cause a property to be worth more per square foot include:
- Good school catchment area
- Good transport links
- Bigger garden
- Offstreet parking and garages
- High quality architectural designs (a.k.a pretty houses!)
- Good quality home improvements
Where do we get our data?
We use multiple data sources to provide reliable property information to you.
Some of the data sources we use are:
- HM Land Registry
- Ordnance Survey
- Department for Levelling Up, Housing & Communities
- Royal Mail
- Estate agents
- Property listings
Licenses, disclaimers and further notes
* Excluding properties that we've been unable to calculate a valuation for.
** Excludes property transactions that occurred before 1995.
^ The most recent sale where we have price per square foot data.
Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.
Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.
The latest HM Land registry data covers property transactions up until 31/03/2024 - this was released on the 29/04/2024.
