£527,508
This estimated value is based upon the latest sale price for the house of £430,000 on 18 Dec 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£430,000 | 18 Dec 2019 |
£320,000 | 24 Oct 2007 |
£242,000 | 2 Jun 2004 |
Detached |
Freehold |
Floor Area: 168 sq meters or 1,808 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 2019 the House Price Index for SHROPSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £430,000 results in an estimated price of approximately £527,508.
18 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £430,000 | £97,508 | £527,508 |
The Postcode Pricing Model uses changes in average sales price within the SY3 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 | 20.373 % | £87,602 | £517,602 |
3 Month Average | 27.815 % | £119,602 | £549,602 |
6 Month Average | 25.162 % | £108,196 | £538,196 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £554,706 | £545,000 | 257 COPTHORNE ROAD |
31 Mar 2023 | £360,749 | £357,350 | 5 ALVERLEY CLOSE |
17 Aug 2022 | £388,953 | £390,000 | 23 GREENACRE ROAD |
6 May 2022 | £315,953 | £310,000 | 23 SHELTON ROAD |
8 Apr 2022 | £350,132 | £340,000 | 23 KENWOOD DRIVE |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 18 Sep 2019. Using an estimated price of £527,509 means this house is valued at £3,139 per sq meter (£291 per sq foot).
The average size of a house on SHELTON ROAD is 125 sq meters (1,345 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other crime | Under investigation | On or near Woodfield Avenue |
Mar 2024 | Other theft | Under investigation | On or near Alverley Close |
Mar 2024 | Other crime | Under investigation | On or near Bugle Close |