£482,039
This estimated value is based upon the latest sale price for the house of £420,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £420,000 | 18 Dec 2020 |
| £300,000 | 30 Mar 2007 |
| £159,950 | 11 Jul 2001 |
| £103,000 | 29 Jan 1996 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 2020 the House Price Index for SHROPSHIRE was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £420,000 results in an estimated price of approximately £482,039.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £420,000 | £62,039 | £482,039 |
The Postcode Pricing Model uses changes in average sales price within the SY8 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 | -35.600 % | £-149,521 | £270,478 |
| 3 Month Average | 8.963 % | £37,645 | £457,645 |
| 6 Month Average | 7.027 % | £29,512 | £449,512 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2023 | £121,306 | £120,000 | 10 TEMESIDE |
| 23 Mar 2023 | £211,997 | £210,000 | 147 OLD STREET |
| 2 Sep 2022 | £21,328 | £21,500 | GARAGE 29 JOCKEY FIELD |
| 6 May 2022 | £210,975 | £207,000 | 4 ST LAWRENCE VIEW |
| 8 Apr 2022 | £319,238 | £310,000 | 18 TEMESIDE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 18 May 2013. Using an estimated price of £482,040 means this house is valued at £3,856 per sq meter (£358 per sq foot).
The average size of a house on TEMESIDE is 109 sq meters (1,181 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Teme Avenue |
| Feb 2024 | Anti-social behaviour | On or near Old Street | |
| Feb 2024 | Anti-social behaviour | On or near Old Street | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chandlers Close |