£490,785
This estimated value is based upon the latest sale price for the house of £400,000 on 26 Sep 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 26 Sep 2019 |
| £330,000 | 8 Apr 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 186 sq meters or 2,002 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 September 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 22.696%.Applying this 22.696% change to the original purchase price of £400,000 results in an estimated price of approximately £490,785.
| 26 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £400,000 | £90,785 | £490,785 |
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 | 41.214 % | £164,855 | £564,855 |
| 3 Month Average | 41.473 % | £165,893 | £565,893 |
| 6 Month Average | 22.027 % | £88,108 | £488,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £577,382 | £570,000 | 1 WESTGATE VILLAS |
| 18 Sep 2023 | £536,864 | £530,000 | 11 VICTORIA ROAD |
| 12 Sep 2023 | £389,986 | £385,000 | 9 WESTGATE |
| 29 Jul 2022 | £295,796 | £295,000 | 14 CRICKET MEADOW |
| 17 Jun 2022 | £999,120 | £985,000 | WESTWAYS WESTGATE |
This house has a floor area of 186 sq meters or 2,002 sq feet when measured on 14 Aug 2015. Using an estimated price of £490,786 means this house is valued at £2,638 per sq meter (£245 per sq foot).
The average size of a house on VICTORIA ROAD is 126 sq meters (1,363 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cricket Meadow |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cricket Meadow |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cricket Meadow |
| Jan 2024 | Anti-social behaviour | On or near Cricket Meadow | |
| Jan 2024 | Anti-social behaviour | On or near Cricket Meadow |