£385,898
This estimated value is based upon the latest sale price for the house of £325,000 on 4 Sep 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£325,000 | 4 Sep 2020 |
£230,000 | 25 Jul 2012 |
£215,000 | 21 Apr 2010 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 2020 the House Price Index for SHROPSHIRE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £325,000 results in an estimated price of approximately £385,898.
4 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £325,000 | £60,898 | £385,898 |
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 | 5.996 % | £19,487 | £344,487 |
3 Month Average | 42.075 % | £136,742 | £461,742 |
6 Month Average | 18.210 % | £59,184 | £384,184 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £250,000 | £250,000 | SEVERN COTTAGE BANDON LANE |
28 Nov 2023 | £271,520 | £267,500 | 31 RIVERSIDE |
29 Sep 2023 | £324,145 | £320,000 | 28 FRIARS STREET |
8 Sep 2023 | £498,879 | £492,500 | 12 SOUTHWELL RIVERSIDE |
20 Jan 2023 | £194,086 | £195,000 | 40 RIVERSIDE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 15 Nov 2018. Using an estimated price of £385,899 means this house is valued at £4,149 per sq meter (£385 per sq foot).
The average size of a house on FRIARS STREET is 90 sq meters (970 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Friar'S Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near River Side |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Mar 2024 | Anti-social behaviour | On or near Parking Area | |
Mar 2024 | Anti-social behaviour | On or near Parking Area |