£453,255
This estimated value is based upon the latest sale price for the house of £265,000 on 17 Oct 2012. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £265,000 | 17 Oct 2012 |
| Detached |
| Freehold |
| Floor Area: 172 sq meters or 1,855 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 October 2012 the House Price Index for SHROPSHIRE was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £265,000 results in an estimated price of approximately £453,255.
| 17 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £265,000 | £188,255 | £453,255 |
The Postcode Pricing Model uses changes in average sales price within the TF11 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 | 115.151 % | £305,148 | £570,148 |
| 3 Month Average | 29.028 % | £76,923 | £341,923 |
| 6 Month Average | 44.219 % | £117,181 | £382,181 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £289,950 | £289,950 | 16 VICTORIA ROAD |
| 27 Mar 2024 | £258,979 | £255,000 | 21 WYKE WAY |
| 20 Dec 2023 | £221,816 | £215,000 | 28 INNAGE ROAD |
| 8 Dec 2023 | £593,229 | £575,000 | 2 THE RUSSELLS |
| 2 Aug 2023 | £381,888 | £375,000 | 22 SHREWSBURY ROAD |
This house has a floor area of 172 sq meters or 1,855 sq feet when measured on 13 Oct 2008. Using an estimated price of £453,255 means this house is valued at £2,629 per sq meter (£244 per sq foot).
The average size of a house on INNAGE ROAD is 131 sq meters (1,416 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Lindens |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Innage Road |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Shrewsbury Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Shrewsbury Road |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Shrewsbury Road |