£193,551
This estimated value is based upon the latest sale price for the house of £82,700 on 18 Jul 2003. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£82,700 | 18 Jul 2003 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,011 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 July 2003 the House Price Index for SHROPSHIRE was 64.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 134.040%.Applying this 134.040% change to the original purchase price of £82,700 results in an estimated price of approximately £193,551.
18 Jul 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.0 | 149.7 | 134.040 % | £82,700 | £110,851 | £193,551 |
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 | 189.138 % | £156,417 | £239,117 |
3 Month Average | 95.421 % | £78,912 | £161,612 |
6 Month Average | 96.705 % | £79,974 | £162,674 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £163,419 | £162,000 | 2 DALELANDS WEST |
28 Mar 2024 | £264,057 | £260,000 | 21 MELROSE CRESCENT |
4 Dec 2023 | £232,133 | £225,000 | 2 MELROSE CRESCENT |
30 Nov 2023 | £292,423 | £285,000 | 15 MELROSE CRESCENT |
20 Oct 2023 | £165,253 | £161,500 | 5 DALELANDS WEST |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 23 May 2014. Using an estimated price of £193,551 means this house is valued at £2,059 per sq meter (£191 per sq foot).
The average size of a house on DALELANDS WEST is 100 sq meters (1,085 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Sports/Recreation Area |
Apr 2024 | Other crime | Unable to prosecute suspect | On or near Sports/Recreation Area |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clifford Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Clifford Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Sutton Way |