£156,897
This estimated value is based upon the latest sale price for the house of £127,500 on 16 Aug 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£127,500 | 16 Aug 2019 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 2019 the House Price Index for SHROPSHIRE was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £127,500 results in an estimated price of approximately £156,897.
16 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.6 | 23.056 % | £127,500 | £29,397 | £156,897 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | 19.929 % | £25,409 | £152,909 |
3 Month Average | -3.399 % | £-4,334 | £123,165 |
6 Month Average | 10.033 % | £12,792 | £140,292 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £169,554 | £167,500 | 13 WINDERMERE ROAD |
8 Nov 2022 | £153,145 | £155,000 | 24 GRASMERE ROAD |
22 Jul 2022 | £112,302 | £112,000 | 76 WHITCHURCH ROAD |
23 Jun 2022 | £173,451 | £171,000 | 5 GRASMERE ROAD |
29 Apr 2022 | £195,662 | £190,000 | 23 WINDERMERE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 10 May 2019. Using an estimated price of £156,897 means this house is valued at £2,377 per sq meter (£220 per sq foot).
The average size of a house on GRASMERE ROAD is 74 sq meters (797 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Windermere Road |
Feb 2024 | Drugs | Under investigation | On or near Whitchurch Road |
Mar 2024 | Anti-social behaviour | On or near Albert Square | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Albert Square |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Albert Square |