£328,039
This estimated value is based upon the latest sale price for the house of £138,500 on 21 May 2003. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£138,500 | 21 May 2003 |
£73,500 | 19 May 2000 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 May 2003 the House Price Index for SHROPSHIRE was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £138,500 results in an estimated price of approximately £328,039.
21 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.7 | 148.6 | 136.852 % | £138,500 | £189,539 | £328,039 |
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 | 164.742 % | £228,167 | £366,667 |
3 Month Average | 151.743 % | £210,163 | £348,663 |
6 Month Average | 131.193 % | £181,701 | £320,201 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £374,545 | £369,000 | 14 PORTLAND CRESCENT |
1 Jul 2022 | £310,837 | £310,000 | 14 HIGHFIELDS |
20 Jun 2022 | £349,945 | £345,000 | 25 HIGHFIELDS |
6 Jan 2022 | £697,220 | £662,500 | 52 PRESTON STREET |
17 Sep 2021 | £436,425 | £405,000 | 21 PEACE DRIVE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 28 Jul 2020. Using an estimated price of £328,040 means this house is valued at £4,686 per sq meter (£435 per sq foot).
The average size of a house on HIGHFIELDS is 90 sq meters (977 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Local resolution | On or near Belvidere Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Belvidere Avenue |
Jan 2024 | Anti-social behaviour | On or near Hermitage Drive | |
Jan 2024 | Anti-social behaviour | On or near Hermitage Drive | |
Jan 2024 | Anti-social behaviour | On or near Hermitage Drive |