£231,591
This estimated value is based upon the latest sale price for the house of £134,000 on 18 Dec 2009. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Grosvenor Road
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| Price Paid | Date |
|---|---|
| £134,000 | 18 Dec 2009 |
| £95,000 | 12 Jun 2009 |
| £115,000 | 21 Nov 2003 |
| £97,500 | 21 Jun 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 779 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 2009 the House Price Index for SHROPSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £134,000 results in an estimated price of approximately £231,591.
| 18 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £134,000 | £97,591 | £231,591 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 77.121 % | £103,341 | £237,341 |
| 3 Month Average | 30.152 % | £40,404 | £174,404 |
| 6 Month Average | 45.965 % | £61,593 | £195,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2023 | £237,558 | £235,000 | 5 SMITHFIELD CLOSE |
| 24 Mar 2023 | £224,616 | £222,500 | 6 GROSVENOR ROAD |
| 15 Jul 2022 | £290,733 | £289,950 | 40 SMITHFIELD ROAD |
| 1 Jul 2022 | £270,729 | £270,000 | 38A SMITHFIELD ROAD |
| 10 Jun 2022 | £119,184 | £117,500 | 5B SMITHFIELD CLOSE |
This house has a floor area of 72 sq meters or 779 sq feet when measured on 29 Apr 2009. Using an estimated price of £231,592 means this house is valued at £3,199 per sq meter (£297 per sq foot).
The average size of a house on GROSVENOR ROAD is 109 sq meters (1,174 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Grosvenor Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Grosvenor Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Smithfield Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Smithfield Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Longlands Lane |