£208,017
This estimated value is based upon the latest sale price for the house of £160,000 on 8 Feb 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£160,000 | 8 Feb 2017 |
£59,950 | 27 Sep 1999 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 February 2017 the House Price Index for SHROPSHIRE was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £160,000 results in an estimated price of approximately £208,017.
8 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 148.6 | 30.011 % | £160,000 | £48,017 | £208,017 |
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 | 28.280 % | £45,248 | £205,248 |
3 Month Average | 63.465 % | £101,543 | £261,543 |
6 Month Average | 26.433 % | £42,292 | £202,292 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £305,342 | £300,000 | 108 VICTORIA ROAD |
5 Aug 2022 | £259,302 | £260,000 | 130 VICTORIA ROAD |
4 Apr 2022 | £239,943 | £233,000 | 122 VICTORIA ROAD |
10 Dec 2021 | £241,060 | £225,000 | 49 SYDNEY COTTAGE DRIVE |
27 Oct 2021 | £127,245 | £115,000 | 2 OAK GARDENS |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 29 Feb 2016. Using an estimated price of £208,018 means this house is valued at £2,447 per sq meter (£227 per sq foot).
The average size of a house on BEECH ROAD is 106 sq meters (1,151 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Beech Road |
Apr 2024 | Anti-social behaviour | On or near Beech Road | |
Apr 2024 | Anti-social behaviour | On or near Beech Road | |
Apr 2024 | Drugs | Under investigation | On or near Ash Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ash Road |