£311,763
This estimated value is based upon the latest sale price for the house of £215,000 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 31 Jul 2015 |
| £237,000 | 3 May 2006 |
| £125,000 | 1 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 833 sq feet |
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 July 2015 the House Price Index for SHROPSHIRE was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £215,000 results in an estimated price of approximately £311,763.
| 31 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £215,000 | £96,763 | £311,763 |
The Postcode Pricing Model uses changes in average sales price within the WV16 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 | 7.193 % | £15,465 | £230,465 |
| 3 Month Average | 39.565 % | £85,064 | £300,064 |
| 6 Month Average | 41.442 % | £89,101 | £304,101 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £159,037 | £155,000 | 29A NORTH GATE |
| 22 Sep 2023 | £449,918 | £440,000 | 84 - 85 HIGH STREET |
| 19 Sep 2023 | £176,900 | £173,000 | 2 ST LEONARDS VIEW |
| 24 Mar 2023 | £372,216 | £366,000 | 5 HIGH STREET |
| 24 Feb 2023 | £135,908 | £135,000 | 4 MOAT STREET |
This house has a floor area of 77 sq meters or 833 sq feet when measured on 7 Sep 2011. Using an estimated price of £311,763 means this house is valued at £4,024 per sq meter (£373 per sq foot).
The average size of a house on NORTHGATE MEWS is 110 sq meters (1,193 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Shopping Area | |
| Jul 2024 | Anti-social behaviour | On or near Shopping Area | |
| Jun 2024 | Anti-social behaviour | On or near Shopping Area | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Jun 2024 | Anti-social behaviour | On or near Shopping Area |