£201,707
This estimated value is based upon the latest sale price for the house of £160,000 on 16 Nov 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 16 Nov 2017 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 November 2017 the House Price Index for SHROPSHIRE was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £160,000 results in an estimated price of approximately £201,707.
| 16 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £160,000 | £41,707 | £201,707 |
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 | 10.494 % | £16,789 | £176,789 |
| 3 Month Average | 16.532 % | £26,451 | £186,451 |
| 6 Month Average | 10.104 % | £16,165 | £176,165 |
| 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 |
| 2 Aug 2023 | £90,744 | £89,950 | FLAT 9 MERCIAN COURT |
| 19 Jul 2023 | £87,173 | £86,000 | 8 MERCIAN COURT |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 20 Mar 2015. Using an estimated price of £201,707 means this house is valued at £2,430 per sq meter (£225 per sq foot).
The average size of a house on BROADWAY is 79 sq meters (858 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 |