£226,278
This estimated value is based upon the latest sale price for the house of £222,500 on 24 Mar 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£222,500 | 24 Mar 2023 |
£125,000 | 8 Aug 2019 |
Terraced |
Freehold |
Floor Area: 102 sq meters or 1,097 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 March 2023 the House Price Index for SHROPSHIRE was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £222,500 results in an estimated price of approximately £226,278.
24 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £222,500 | £3,778 | £226,278 |
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 | 59.614 % | £132,642 | £355,142 |
3 Month Average | 4.149 % | £9,231 | £231,731 |
6 Month Average | -2.549 % | £-5,672 | £216,827 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £428,723 | £425,000 | 38 STAFFORD STREET |
4 Apr 2023 | £239,479 | £235,000 | 5 SMITHFIELD CLOSE |
24 Mar 2023 | £226,279 | £222,500 | 6 GROSVENOR ROAD |
15 Jul 2022 | £292,885 | £289,950 | 40 SMITHFIELD ROAD |
1 Jul 2022 | £272,733 | £270,000 | 38A SMITHFIELD ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 17 Jan 2019. Using an estimated price of £226,279 means this house is valued at £2,218 per sq meter (£206 per sq foot).
The average size of a house on GROSVENOR ROAD is 109 sq meters (1,174 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Grosvenor Road | |
Jun 2024 | Anti-social behaviour | On or near Grosvenor Road | |
Jun 2024 | Anti-social behaviour | On or near Grosvenor Road | |
Jul 2024 | Anti-social behaviour | On or near Longlands Lane | |
Apr 2024 | Other crime | Under investigation | On or near Longlands Lane |