£160,532
This estimated value is based upon the latest sale price for the house of £130,000 on 28 Sep 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 28 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 750 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 September 2018 the House Price Index for SHROPSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £130,000 results in an estimated price of approximately £160,532.
| 28 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £130,000 | £30,532 | £160,532 |
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 | 40.215 % | £52,280 | £182,280 |
| 3 Month Average | 25.360 % | £32,968 | £162,968 |
| 6 Month Average | 30.540 % | £39,701 | £169,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £161,832 | £159,000 | 120 SHREWSBURY ROAD |
| 28 Jul 2023 | £126,705 | £125,000 | 6 RED BANK LANE |
| 16 Aug 2022 | £142,616 | £143,000 | 76 DALELANDS ESTATE |
| 14 Jul 2022 | £170,960 | £170,500 | 57 DALELANDS ESTATE |
| 16 May 2022 | £172,246 | £169,000 | 109 SHREWSBURY ROAD |
This house has a floor area of 69 sq meters or 750 sq feet when measured on 8 Jan 2011. Using an estimated price of £160,533 means this house is valued at £2,302 per sq meter (£213 per sq foot).
The average size of a house on RED BANK ROAD is 138 sq meters (1,488 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Red Bank Lane | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Red Bank Lane |
| Apr 2024 | Anti-social behaviour | On or near Salisbury Road | |
| Apr 2024 | Public order | Under investigation | On or near Salisbury Road |
| Feb 2024 | Anti-social behaviour | On or near Salisbury Road |