£950,437
This estimated value is based upon the latest sale price for the house of £768,400 on 31 Aug 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £768,400 | 31 Aug 2018 |
| £250,000 | 31 Jan 2018 |
| Freehold |
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 2018 the House Price Index for SHROPSHIRE was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £768,400 results in an estimated price of approximately £950,437.
| 31 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £768,400 | £182,037 | £950,437 |
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 | 1.673 % | £12,855 | £781,255 |
| 3 Month Average | 1.137 % | £8,738 | £777,138 |
| 6 Month Average | 7.923 % | £60,881 | £829,281 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £132,000 | £132,000 | 1 GROPE LANE |
| 25 Aug 2023 | £383,354 | £380,000 | 13 HIGH STREET |
| 17 Apr 2023 | £442,262 | £437,500 | 3 BISHOPSTONE MANSIONS TOWN WALLS |
| 3 Feb 2023 | £389,738 | £390,000 | 3 ST ALKMONDS SQUARE |
| 11 Nov 2022 | £111,746 | £113,100 | 3 GROPE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Belmont Bank | |
| Mar 2024 | Drugs | Under investigation | On or near Belmont Bank |
| Mar 2024 | Anti-social behaviour | On or near Belmont Bank | |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Belmont Bank |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Belmont Bank |