£204,645
This estimated value is based upon the latest sale price for the house of £120,000 on 21 May 2012. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 21 May 2012 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 978 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 May 2012 the House Price Index for SHROPSHIRE was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £120,000 results in an estimated price of approximately £204,645.
| 21 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £120,000 | £84,645 | £204,645 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 59.989 % | £71,986 | £191,986 |
| 3 Month Average | 45.661 % | £54,793 | £174,793 |
| 6 Month Average | 48.458 % | £58,149 | £178,149 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £516,141 | £508,500 | SALISBURY HOUSE SALISBURY ROAD |
| 29 Sep 2023 | £146,878 | £145,000 | 7 GOOSEFIELD CLOSE |
| 28 Apr 2023 | £95,023 | £94,000 | 56 SHREWSBURY ROAD |
| 27 Feb 2023 | £169,886 | £170,000 | 49 SHREWSBURY ROAD |
| 22 Feb 2023 | £259,825 | £260,000 | HOMELEA VICTORIA ROAD |
This house has a floor area of 90 sq meters or 978 sq feet when measured on 3 Nov 2011. Using an estimated price of £204,645 means this house is valued at £2,250 per sq meter (£209 per sq foot).
The average size of a house on SHREWSBURY ROAD is 75 sq meters (815 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Goosefield Close | |
| Mar 2024 | Anti-social behaviour | On or near Goosefield Close | |
| Jan 2024 | Anti-social behaviour | On or near Goosefield Close | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Goosefield Close |
| Jan 2024 | Anti-social behaviour | On or near Goosefield Close |