£442,147
This estimated value is based upon the latest sale price for the house of £245,000 on 21 Aug 2009. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £245,000 | 21 Aug 2009 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,322 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 August 2009 the House Price Index for SHROPSHIRE was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £245,000 results in an estimated price of approximately £442,147.
| 21 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 148.6 | 80.468 % | £245,000 | £197,147 | £442,147 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 139.458 % | £341,672 | £586,672 |
| 3 Month Average | 65.347 % | £160,099 | £405,099 |
| 6 Month Average | 57.132 % | £139,973 | £384,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £344,638 | £340,000 | 162 WENLOCK ROAD |
| 19 Jul 2023 | £628,458 | £620,000 | 108 LONDON ROAD |
| 19 Jun 2023 | £363,149 | £358,750 | 166 WENLOCK ROAD |
| 5 Aug 2022 | £359,034 | £360,000 | 175 WENLOCK ROAD |
| 14 Jul 2022 | £358,465 | £357,500 | 195 WENLOCK ROAD |
This house has a floor area of 122 sq meters or 1,322 sq feet when measured on 30 May 2009. Using an estimated price of £442,148 means this house is valued at £3,599 per sq meter (£334 per sq foot).
The average size of a house on NEW COLLEGE ROAD is 134 sq meters (1,450 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near London Road |
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near London Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near London Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near London Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near London Road |