£120,451
This estimated value is based upon the latest sale price for the house of £97,500 on 29 Oct 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £97,500 | 29 Oct 2019 |
| £94,200 | 7 Jun 2019 |
| 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 October 2019 the House Price Index for SHROPSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £97,500 results in an estimated price of approximately £120,451.
| 29 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £97,500 | £22,951 | £120,451 |
The Postcode Pricing Model uses changes in average sales price within the SY13 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 | 0.201 % | £196 | £97,696 |
| 3 Month Average | 7.004 % | £6,829 | £104,329 |
| 6 Month Average | 24.508 % | £23,894 | £121,394 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £206,000 | £206,000 | 30 JOYCE WAY |
| 3 Aug 2023 | £178,214 | £175,000 | 20 PARK ROAD |
| 9 Jun 2023 | £162,252 | £159,000 | 20 WREXHAM ROAD |
| 1 Jun 2023 | £362,260 | £355,000 | 3 LINDEN AVENUE |
| 7 Mar 2023 | £195,261 | £192,000 | 1 DARWIN COURT |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 5 Nov 2018. Using an estimated price of £120,452 means this house is valued at £1,433 per sq meter (£133 per sq foot).
The average size of a house on PARK ROAD is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Park Road |
| Apr 2024 | Anti-social behaviour | On or near Joyce Way | |
| Apr 2024 | Anti-social behaviour | On or near Joyce Way | |
| Apr 2024 | Anti-social behaviour | On or near Joyce Way | |
| Apr 2024 | Anti-social behaviour | On or near Joyce Way |