£346,024
This estimated value is based upon the latest sale price for the house of £265,000 on 9 Mar 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £265,000 | 9 Mar 2017 |
| £280,000 | 9 Dec 2016 |
| £184,000 | 5 Mar 2004 |
| £107,000 | 15 Aug 2000 |
| £65,000 | 23 Sep 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 992 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 March 2017 the House Price Index for SHROPSHIRE was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £265,000 results in an estimated price of approximately £346,024.
| 9 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £265,000 | £81,024 | £346,024 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 12.814 % | £33,956 | £298,956 |
| 3 Month Average | 11.251 % | £29,815 | £294,815 |
| 6 Month Average | 13.629 % | £36,117 | £301,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £366,180 | £363,000 | 17 ELMFIELD ROAD |
| 26 Apr 2024 | £322,803 | £320,000 | 18 ELMFIELD ROAD |
| 5 Apr 2024 | £569,949 | £565,000 | 44 PRESTON STREET |
| 20 Dec 2023 | £361,096 | £350,000 | 37 BELVIDERE AVENUE |
| 8 Sep 2023 | £311,875 | £305,000 | 18 PRESTON STREET |
This house has a floor area of 92 sq meters or 992 sq feet when measured on 5 Mar 2009. Using an estimated price of £346,025 means this house is valued at £3,752 per sq meter (£348 per sq foot).
The average size of a house on ELMFIELD ROAD is 111 sq meters (1,195 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hermitage Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Hermitage Drive |
| Oct 2024 | Other theft | Under investigation | On or near Parking Area |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |