£348,612
This estimated value is based upon the latest sale price for the house of £173,000 on 4 May 2004. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£173,000 | 4 May 2004 |
Semi-Detached |
Freehold |
Floor Area: 101 sq meters or 1,087 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 May 2004 the House Price Index for SHROPSHIRE was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £173,000 results in an estimated price of approximately £348,612.
4 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 148.6 | 101.510 % | £173,000 | £175,612 | £348,612 |
The Postcode Pricing Model uses changes in average sales price within the WV15 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 | 57.273 % | £99,082 | £272,082 |
3 Month Average | 61.515 % | £106,420 | £279,420 |
6 Month Average | 61.276 % | £106,007 | £279,007 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £297,301 | £293,500 | 46 HILLSIDE AVENUE |
8 Sep 2023 | £440,634 | £435,000 | 25 KIDDERMINSTER ROAD |
18 Aug 2023 | £262,295 | £260,000 | 58 HILLSIDE AVENUE |
6 Jul 2023 | £293,956 | £290,000 | 47 HILLSIDE AVENUE |
5 Apr 2023 | £272,939 | £270,000 | 7 ST JAMES DRIVE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 15 Apr 2014. Using an estimated price of £348,612 means this house is valued at £3,451 per sq meter (£320 per sq foot).
The average size of a house on HILLSIDE AVENUE is 87 sq meters (941 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Hillside Avenue | |
Mar 2024 | Anti-social behaviour | On or near Hillside Avenue | |
Apr 2024 | Anti-social behaviour | On or near Kidderminster Road | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Kidderminster Road |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Kidderminster Road |