£319,033
This estimated value is based upon the latest sale price for the house of £182,000 on 26 Apr 2006. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£182,000 | 26 Apr 2006 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 April 2006 the House Price Index for SHROPSHIRE was 84.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.293%.Applying this 75.293% change to the original purchase price of £182,000 results in an estimated price of approximately £319,033.
26 Apr 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.8 | 148.6 | 75.293 % | £182,000 | £137,033 | £319,033 |
The Postcode Pricing Model uses changes in average sales price within the WV16 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 | 29.899 % | £54,416 | £236,416 |
3 Month Average | 66.642 % | £121,287 | £303,287 |
6 Month Average | 37.183 % | £67,673 | £249,673 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £536,864 | £530,000 | 11 VICTORIA ROAD |
23 Jun 2023 | £240,918 | £238,000 | 17 THE HOOKFIELD |
15 Mar 2023 | £267,520 | £265,000 | 59 INNAGE LANE |
27 Jan 2023 | £333,429 | £335,000 | 51 INNAGE LANE |
8 Aug 2022 | £284,235 | £285,000 | 14 THE HOOKFIELD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 17 Apr 2014. Using an estimated price of £319,033 means this house is valued at £3,625 per sq meter (£336 per sq foot).
The average size of a house on VICTORIA ROAD is 126 sq meters (1,363 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Victoria Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orchard Drive |