£214,586
This estimated value is based upon the latest sale price for the house of £162,000 on 21 Oct 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £162,000 | 21 Oct 2016 |
| £130,000 | 7 Jun 2013 |
| £119,000 | 26 Mar 2004 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2016 the House Price Index for SHROPSHIRE was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £162,000 results in an estimated price of approximately £214,586.
| 21 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £162,000 | £52,586 | £214,586 |
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 | -30.105 % | £-48,769 | £113,230 |
| 3 Month Average | 22.711 % | £36,791 | £198,791 |
| 6 Month Average | 15.779 % | £25,561 | £187,561 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £134,351 | £132,000 | 3 TANYARD PLACE |
| 3 Nov 2023 | £142,104 | £140,000 | FLAT 2 45 BROADWAY |
| 29 Sep 2023 | £151,943 | £150,000 | 75 BROADWAY |
| 18 Aug 2023 | £239,092 | £237,000 | 94 BEECH DRIVE |
| 2 Aug 2023 | £90,744 | £89,950 | FLAT 9 MERCIAN COURT |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 28 Feb 2013. Using an estimated price of £214,586 means this house is valued at £2,411 per sq meter (£223 per sq foot).
The average size of a house on BROADWAY CLOSE is 102 sq meters (1,104 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near The Willows |
| Jan 2024 | Other theft | Under investigation | On or near The Willows |