£216,418
This estimated value is based upon the latest sale price for the house of £175,000 on 12 Apr 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 12 Apr 2019 |
| £158,000 | 20 Oct 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 April 2019 the House Price Index for SHROPSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £175,000 results in an estimated price of approximately £216,418.
| 12 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £175,000 | £41,418 | £216,418 |
The Postcode Pricing Model uses changes in average sales price within the WV15 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 | -35.629 % | £-62,350 | £112,649 |
| 3 Month Average | 42.740 % | £74,795 | £249,795 |
| 6 Month Average | 19.651 % | £34,389 | £209,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £295,000 | £295,000 | 1 MILL STREET |
| 1 Dec 2023 | £254,452 | £250,000 | 28 CANN HALL DRIVE |
| 3 Nov 2023 | £274,057 | £270,000 | 2 WHITBROOK MEWS MILL STREET |
| 30 Jun 2023 | £151,839 | £150,000 | 57 MILL STREET |
| 27 Jan 2023 | £233,898 | £235,000 | 21 MILL STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 26 Jun 2018. Using an estimated price of £216,419 means this house is valued at £3,329 per sq meter (£309 per sq foot).
The average size of a house on WOLVERHAMPTON ROAD is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mill Street |
| Mar 2024 | Drugs | Under investigation | On or near Mill Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Mill Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Croft |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |