£400,928
This estimated value is based upon the latest sale price for the house of £290,000 on 13 Jan 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £290,000 | 13 Jan 2016 |
| £210,000 | 23 Oct 2007 |
| £184,000 | 18 Sep 2006 |
| Terraced |
| Freehold |
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 January 2016 the House Price Index for SHROPSHIRE was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £290,000 results in an estimated price of approximately £400,928.
| 13 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £290,000 | £110,928 | £400,928 |
The Postcode Pricing Model uses changes in average sales price within the SY4 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 | 121.025 % | £350,972 | £640,972 |
| 3 Month Average | 51.618 % | £149,692 | £439,692 |
| 6 Month Average | 54.051 % | £156,748 | £446,748 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jan 2023 | £576,540 | £575,000 | 28 CHAPEL ROAD |
| 5 Jan 2023 | £579,047 | £577,500 | IRONBRIDGE HOUSE SHREWSBURY ROAD |
| 29 Apr 2022 | £456,466 | £440,000 | HORSESHOE HOUSE STATION ROAD |
| 9 Mar 2022 | £250,544 | £240,000 | 5 CHAPEL ROAD |
| 6 Sep 2021 | £618,774 | £570,000 | 2 BLACKSMITHS VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |
| Sep 2024 | Anti-social behaviour | On or near Willow Court | |
| Sep 2024 | Anti-social behaviour | On or near Willow Court | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Wedgefields Close |