£203,841
This estimated value is based upon the latest sale price for the house of £170,000 on 17 Aug 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 17 Aug 2020 |
| £140,000 | 3 Oct 2017 |
| £123,500 | 9 May 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 August 2020 the House Price Index for SHROPSHIRE was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £170,000 results in an estimated price of approximately £203,841.
| 17 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £170,000 | £33,841 | £203,841 |
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 | 42.277 % | £71,871 | £241,871 |
| 3 Month Average | 22.998 % | £39,095 | £209,095 |
| 6 Month Average | 22.963 % | £39,036 | £209,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £516,141 | £508,500 | SALISBURY HOUSE SALISBURY ROAD |
| 28 Apr 2023 | £95,023 | £94,000 | 56 SHREWSBURY ROAD |
| 19 Apr 2023 | £296,189 | £293,000 | 24 KILN BANK CRESCENT |
| 11 Apr 2023 | £166,796 | £165,000 | 14 THE OVAL |
| 27 Feb 2023 | £169,886 | £170,000 | 49 SHREWSBURY ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 12 Jul 2017. Using an estimated price of £203,841 means this house is valued at £2,240 per sq meter (£208 per sq foot).
The average size of a house on THE OVAL is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near The Oval | |
| Feb 2024 | Anti-social behaviour | On or near The Oval | |
| Feb 2024 | Anti-social behaviour | On or near The Oval |