£178,256
This estimated value is based upon the latest sale price for the house of £148,000 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £148,000 | 20 Mar 2020 |
| £150,000 | 25 Mar 2011 |
| £55,500 | 23 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2020 the House Price Index for SHROPSHIRE was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £148,000 results in an estimated price of approximately £178,256.
| 20 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £148,000 | £30,256 | £178,256 |
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 | -15.663 % | £-23,181 | £124,818 |
| 3 Month Average | -7.507 % | £-11,110 | £136,889 |
| 6 Month Average | 1.489 % | £2,203 | £150,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £585,240 | £575,000 | 2 THE RUSSELLS |
| 2 Aug 2023 | £378,310 | £375,000 | 22 SHREWSBURY ROAD |
| 18 Jul 2023 | £210,838 | £208,000 | 21 SHREWSBURY ROAD |
| 18 Jan 2023 | £231,410 | £232,500 | 28 SHREWSBURY FIELDS |
| 14 Oct 2022 | £257,230 | £260,000 | 48 SHREWSBURY FIELDS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 5 Jun 2013. Using an estimated price of £178,257 means this house is valued at £2,122 per sq meter (£197 per sq foot).
The average size of a house on SHREWSBURY ROAD is 115 sq meters (1,241 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Shrewsbury Road | |
| Feb 2024 | Anti-social behaviour | On or near Shrewsbury Road | |
| Feb 2024 | Anti-social behaviour | On or near Shrewsbury Road | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Shrewsbury Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |