£179,228
This estimated value is based upon the latest sale price for the house of £59,995 on 19 Apr 2002. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£59,995 | 19 Apr 2002 |
£33,500 | 8 Dec 1995 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 April 2002 the House Price Index for SHROPSHIRE was 49.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 198.739%.Applying this 198.739% change to the original purchase price of £59,995 results in an estimated price of approximately £179,228.
19 Apr 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.7 | 148.6 | 198.739 % | £59,995 | £119,233 | £179,228 |
The Postcode Pricing Model uses changes in average sales price within the TF5 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 | 301.679 % | £180,992 | £240,987 |
3 Month Average | 194.956 % | £116,963 | £176,958 |
6 Month Average | 244.910 % | £146,933 | £206,928 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Mar 2023 | £179,693 | £178,000 | 72 OAKFIELD ROAD |
17 Mar 2023 | £272,568 | £270,000 | 21 ACORN WAY |
10 Feb 2023 | £184,876 | £185,000 | 4 SPAN MEADOW |
4 Nov 2022 | £726,204 | £735,000 | 5 ACORN WAY |
24 Jun 2022 | £172,437 | £170,000 | 16 OAKFIELD ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 7 Aug 2020. Using an estimated price of £179,228 means this house is valued at £2,268 per sq meter (£210 per sq foot).
The average size of a house on OAKFIELD ROAD is 86 sq meters (931 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Fox'S Covert | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cote Road |
Jan 2024 | Anti-social behaviour | On or near Cote Road | |
Jan 2024 | Anti-social behaviour | On or near Cote Road | |
Jan 2024 | Anti-social behaviour | On or near Cote Road |