£457,011
This estimated value is based upon the latest sale price for the house of £317,500 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£317,500 | 31 Jul 2015 |
Detached |
Freehold |
Floor Area: 160 sq meters or 1,722 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 July 2015 the House Price Index for SHROPSHIRE was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £317,500 results in an estimated price of approximately £457,011.
31 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 148.6 | 43.941 % | £317,500 | £139,511 | £457,011 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 76.097 % | £241,609 | £559,109 |
3 Month Average | 35.971 % | £114,207 | £431,707 |
6 Month Average | 31.373 % | £99,608 | £417,108 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Aug 2023 | £80,706 | £80,000 | 36 UPPER CHURCH STREET |
11 Nov 2022 | £108,684 | £110,000 | 10 PENYLAN LANE |
14 Apr 2022 | £102,980 | £100,000 | 94 UPPER CHURCH STREET |
15 Nov 2021 | £113,559 | £105,000 | 50 UPPER CHURCH STREET |
30 Oct 2020 | £105,577 | £90,000 | 18 UPPER CHURCH STREET |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 7 Oct 2021. Using an estimated price of £457,012 means this house is valued at £2,856 per sq meter (£265 per sq foot).
The average size of a house on MORDA ROAD is 244 sq meters (2,627 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Upper Church Street |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Morda Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morda Road |