£71,051
This estimated value is based upon the latest sale price for the house of £70,000 on 8 Jan 2024. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £70,000 | 8 Jan 2024 |
| £105,000 | 18 Apr 2005 |
| £91,450 | 2 May 2003 |
| Flats/Maisonettes |
| Leasehold |
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 January 2024 the House Price Index for SHROPSHIRE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £70,000 results in an estimated price of approximately £71,051.
| 8 Jan 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £70,000 | £1,051 | £71,051 |
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 | 179.044 % | £125,331 | £195,331 |
| 3 Month Average | 37.848 % | £26,493 | £96,493 |
| 6 Month Average | -2.519 % | £-1,763 | £68,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £116,728 | £115,000 | FLAT 29 LAVINGTON COURT, 41 UNDERHILL STREET |
| 1 Sep 2023 | £113,451 | £112,000 | FLAT 33 LAVINGTON COURT, 41 UNDERHILL STREET |
| 11 Aug 2023 | £191,626 | £189,950 | 52 KINGS LOADE |
| 4 Aug 2023 | £239,092 | £237,000 | 29 KINGS LOADE |
| 28 Jul 2023 | £187,524 | £185,000 | 9 KINGS LOADE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Underhill Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Underhill Street |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near East Castle Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near King'S Loade |
| Mar 2024 | Public order | Under investigation | On or near King'S Loade |