£711,874
This estimated value is based upon the latest sale price for the house of £690,000 on 8 Dec 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£690,000 | 8 Dec 2023 |
£355,000 | 11 Sep 2013 |
Detached |
Freehold |
Floor Area: 229 sq meters or 2,464 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 December 2023 the House Price Index for SHROPSHIRE was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £690,000 results in an estimated price of approximately £711,874.
8 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £690,000 | £21,874 | £711,874 |
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 | -18.083 % | £-124,774 | £565,225 |
3 Month Average | -31.802 % | £-219,432 | £470,567 |
6 Month Average | -16.379 % | £-113,018 | £576,981 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £711,874 | £690,000 | 24 CHESTER ROAD |
30 Nov 2023 | £569,455 | £555,000 | 30 CHESTER ROAD |
7 Nov 2023 | £487,371 | £475,000 | 14 CHESTER AVENUE |
30 Jun 2023 | £204,090 | £200,000 | 22 THE FIRS |
27 Apr 2023 | £636,913 | £625,000 | THE GRANGE CHESTER AVENUE |
This house has a floor area of 229 sq meters or 2,464 sq feet when measured on 9 May 2013. Using an estimated price of £711,874 means this house is valued at £3,108 per sq meter (£288 per sq foot).
The average size of a house on CHESTER ROAD is 160 sq meters (1,723 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near The Beeches |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Chester Road |
Jul 2024 | Public order | Under investigation | On or near Chester Road |
May 2024 | Public order | Unable to prosecute suspect | On or near Chester Road |
Apr 2024 | Anti-social behaviour | On or near Chester Road |