£175,441
This estimated value is based upon the latest sale price for the house of £140,000 on 22 Jun 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£140,000 | 22 Jun 2018 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 June 2018 the House Price Index for SHROPSHIRE was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £140,000 results in an estimated price of approximately £175,441.
22 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 149.7 | 25.315 % | £140,000 | £35,441 | £175,441 |
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 | 86.041 % | £120,457 | £260,457 |
3 Month Average | 40.089 % | £56,123 | £196,123 |
6 Month Average | 31.099 % | £43,538 | £183,538 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £232,015 | £230,000 | 74 PROSPECT ROAD |
26 Apr 2023 | £324,061 | £318,000 | 68 PROSPECT ROAD |
21 Apr 2023 | £168,145 | £165,000 | 12 OAKFIELD ROAD |
23 Mar 2023 | £279,671 | £275,000 | 2 WESTLAND ROAD |
27 Jan 2023 | £320,857 | £320,000 | 18 THE BRIDLEWAY |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 12 Apr 2018. Using an estimated price of £175,441 means this house is valued at £2,088 per sq meter (£194 per sq foot).
The average size of a house on WESTLAND ROAD is 113 sq meters (1,217 sq feet).
This house is the smallest in the street with a floor area of 84 sq meters (904 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Butts Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Butts Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bishops Lane |
Jul 2024 | Anti-social behaviour | On or near Grotto Road | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Grotto Road |