£107,988
This estimated value is based upon the latest sale price for the house of £89,000 on 13 Mar 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£89,000 | 13 Mar 2020 |
£87,000 | 31 Mar 2016 |
£118,500 | 25 May 2007 |
£125,000 | 12 Oct 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 2020 the House Price Index for SHROPSHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £89,000 results in an estimated price of approximately £107,988.
13 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £89,000 | £18,988 | £107,988 |
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 | 28.865 % | £25,689 | £114,689 |
3 Month Average | -0.339 % | £-301 | £88,698 |
6 Month Average | 5.498 % | £4,893 | £93,893 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Aug 2024 | £83,000 | £83,000 | FLAT 4 1 TOWER STREET |
12 Mar 2024 | £111,716 | £110,000 | 21 CLIFTON COURT OLD STREET |
17 Apr 2023 | £107,001 | £105,000 | 4 CLIFTON COURT OLD STREET |
16 Mar 2023 | £78,308 | £77,000 | 10 CLIFTON COURT OLD STREET |
2 Mar 2023 | £96,613 | £95,000 | 1 CLIFTON COURT OLD STREET |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 19 Feb 2015. Using an estimated price of £107,988 means this house is valued at £2,699 per sq meter (£250 per sq foot).
The average size of a house on TOWER STREET is 86 sq meters (931 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Tower Street |
Oct 2024 | Shoplifting | Under investigation | On or near Tower Street |
Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Tower Street |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Tower Street |
Sep 2024 | Shoplifting | Under investigation | On or near Tower Street |