£351,095
This estimated value is based upon the latest sale price for the house of £240,000 on 18 Jun 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£240,000 | 18 Jun 2015 |
Terraced |
Freehold |
Floor Area: 114 sq meters or 1,227 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 2015 the House Price Index for SHROPSHIRE was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £240,000 results in an estimated price of approximately £351,095.
18 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 149.7 | 46.290 % | £240,000 | £111,095 | £351,095 |
The Postcode Pricing Model uses changes in average sales price within the WV16 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 | 17.628 % | £42,306 | £282,306 |
3 Month Average | 46.133 % | £110,718 | £350,718 |
6 Month Average | 45.333 % | £108,798 | £348,798 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £266,720 | £259,950 | 10 KING CHARLES WAY |
8 Sep 2023 | £503,601 | £492,500 | 12 SOUTHWELL RIVERSIDE |
23 Aug 2023 | £509,184 | £500,000 | 3 SOUTHWELL RIVERSIDE |
21 Aug 2023 | £392,071 | £385,000 | 17 ABBOTTS WAY |
28 Jun 2023 | £445,426 | £436,500 | 22 ABBOTTS WAY |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 17 Jul 2012. Using an estimated price of £351,096 means this house is valued at £3,079 per sq meter (£286 per sq foot).
The average size of a house on KING CHARLES WAY is 83 sq meters (893 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,227 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greyfriars |
Jul 2024 | Anti-social behaviour | On or near Friar'S Street | |
Jul 2024 | Anti-social behaviour | On or near Friar'S Street | |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Friar'S Street |