£523,020
This estimated value is based upon the latest sale price for the house of £420,000 on 24 May 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£420,000 | 24 May 2019 |
£389,950 | 27 Mar 2018 |
Detached |
Freehold |
Floor Area: 187 sq meters or 2,012 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 May 2019 the House Price Index for SHROPSHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £420,000 results in an estimated price of approximately £523,020.
24 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £420,000 | £103,020 | £523,020 |
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 | 73.361 % | £308,114 | £728,114 |
3 Month Average | 26.366 % | £110,735 | £530,735 |
6 Month Average | 11.602 % | £48,728 | £468,728 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £157,850 | £153,000 | 16 MARKET PLACE |
3 Nov 2023 | £123,125 | £120,000 | 24 THE GROVE |
23 Jun 2023 | £181,640 | £178,000 | 2 DYAS MEWS |
9 Jun 2023 | £151,027 | £148,000 | 26 THE GROVE |
13 Jan 2023 | £165,442 | £165,000 | 54 PARK STREET |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 10 Jan 2018. Using an estimated price of £523,021 means this house is valued at £2,796 per sq meter (£259 per sq foot).
The average size of a house on PARK STREET is 75 sq meters (812 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Theft from the person | Under investigation | On or near The Grove |
Jul 2024 | Theft from the person | Under investigation | On or near The Grove |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Grove |
Apr 2024 | Anti-social behaviour | On or near The Grove | |
Apr 2024 | Anti-social behaviour | On or near The Grove |