£271,519
This estimated value is based upon the latest sale price for the house of £267,500 on 28 Nov 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£267,500 | 28 Nov 2023 |
£189,950 | 23 Feb 2018 |
£162,500 | 9 Jul 2012 |
£173,000 | 6 Jul 2007 |
£56,500 | 17 Nov 1995 |
Semi-Detached |
Freehold |
Floor Area: 42 sq meters or 453 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 November 2023 the House Price Index for SHROPSHIRE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £267,500 results in an estimated price of approximately £271,519.
28 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 148.6 | 1.503 % | £267,500 | £4,019 | £271,519 |
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 | 140.209 % | £375,058 | £642,558 |
3 Month Average | 18.625 % | £49,822 | £317,322 |
6 Month Average | 2.691 % | £7,198 | £274,698 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £271,520 | £267,500 | 31 RIVERSIDE |
28 Jul 2023 | £354,775 | £350,000 | 33 CARTWAY |
4 Apr 2023 | £191,057 | £189,000 | 24 CARTWAY |
20 Jan 2023 | £194,086 | £195,000 | 40 RIVERSIDE |
20 Jan 2023 | £209,015 | £210,000 | 94 CARTWAY |
This house has a floor area of 42 sq meters or 453 sq feet when measured on 24 Sep 2010. Using an estimated price of £271,520 means this house is valued at £6,449 per sq meter (£599 per sq foot).
The average size of a house on RIVERSIDE is 78 sq meters (843 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Parking Area | |
Jan 2024 | Anti-social behaviour | On or near Parking Area | |
Jan 2024 | Anti-social behaviour | On or near Parking Area | |
Jan 2024 | Anti-social behaviour | On or near Parking Area | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near River Side |