£415,791
This estimated value is based upon the latest sale price for the house of £310,000 on 23 Aug 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £310,000 | 23 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 244 sq meters or 2,626 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 August 2016 the House Price Index for SHROPSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £310,000 results in an estimated price of approximately £415,791.
| 23 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £310,000 | £105,791 | £415,791 |
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 | 55.277 % | £171,358 | £481,358 |
| 3 Month Average | 26.618 % | £82,514 | £392,514 |
| 6 Month Average | 26.688 % | £82,732 | £392,732 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £232,015 | £230,000 | 74 PROSPECT ROAD |
| 1 Dec 2023 | £140,311 | £136,000 | 9 VICTORIA ROAD |
| 12 Oct 2023 | £465,574 | £455,000 | ORCHARD COURT CEMETERY ROAD |
| 26 Apr 2023 | £324,061 | £318,000 | 68 PROSPECT ROAD |
| 1 Mar 2023 | £300,010 | £295,000 | 116 LONGSLOW ROAD |
This house has a floor area of 244 sq meters or 2,626 sq feet when measured on 16 Nov 2015. Using an estimated price of £415,792 means this house is valued at £1,704 per sq meter (£158 per sq foot).
The average size of a house on VICTORIA ROAD is 97 sq meters (1,052 sq feet).
This house is the largest in the street with a floor area of 244 sq meters (2,626 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Butts Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Butts Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bishops Lane |
| Jun 2024 | Anti-social behaviour | On or near Victoria Road | |
| Jun 2024 | Anti-social behaviour | On or near Victoria Road |