£184,014
This estimated value is based upon the latest sale price for the house of £150,000 on 12 Dec 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £150,000 | 12 Dec 2019 |
| £100,000 | 19 Nov 2018 |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 December 2019 the House Price Index for SHROPSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £150,000 results in an estimated price of approximately £184,014.
| 12 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £150,000 | £34,014 | £184,014 |
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 | 25.196 % | £37,794 | £187,794 |
| 3 Month Average | 29.185 % | £43,778 | £193,778 |
| 6 Month Average | 17.273 % | £25,909 | £175,909 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £295,000 | £295,000 | 32 WEST CASTLE STREET |
| 4 Mar 2024 | £405,000 | £405,000 | 15 WEST CASTLE STREET |
| 11 Jul 2022 | £80,216 | £80,000 | FLAT C 99 CARTWAY |
| 6 Apr 2022 | £255,390 | £248,000 | 34 WEST CASTLE STREET |
| 11 Mar 2022 | £284,972 | £275,000 | 18 WEST CASTLE STREET |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 19 Aug 2020. Using an estimated price of £184,015 means this house is valued at £1,045 per sq meter (£97 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Postern Gate |