£311,073
This estimated value is based upon the latest sale price for the house of £195,000 on 19 Feb 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£195,000 | 19 Feb 2014 |
£82,000 | 6 Jul 2001 |
Semi-Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 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 February 2014 the House Price Index for SHROPSHIRE was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £195,000 results in an estimated price of approximately £311,073.
19 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.8 | 149.7 | 59.525 % | £195,000 | £116,073 | £311,073 |
The Postcode Pricing Model uses changes in average sales price within the WV15 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 | 17.049 % | £33,245 | £228,245 |
3 Month Average | 68.404 % | £133,388 | £328,388 |
6 Month Average | 59.557 % | £116,136 | £311,136 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £290,000 | £290,000 | 36 HILLSIDE AVENUE |
14 Sep 2023 | £300,116 | £293,500 | 46 HILLSIDE AVENUE |
8 Sep 2023 | £444,805 | £435,000 | 25 KIDDERMINSTER ROAD |
18 Aug 2023 | £264,775 | £260,000 | 58 HILLSIDE AVENUE |
5 Apr 2023 | £275,146 | £270,000 | 7 ST JAMES DRIVE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 25 Sep 2013. Using an estimated price of £311,073 means this house is valued at £2,802 per sq meter (£260 per sq foot).
The average size of a house on HILLSIDE AVENUE is 87 sq meters (941 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Kidderminster Road | |
Aug 2024 | Anti-social behaviour | On or near Kidderminster Road | |
Aug 2024 | Anti-social behaviour | On or near Kidderminster Road | |
Aug 2024 | Anti-social behaviour | On or near Kidderminster Road | |
Aug 2024 | Anti-social behaviour | On or near Kidderminster Road |