£356,445
This estimated value is based upon the latest sale price for the house of £185,000 on 13 Aug 2004. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £185,000 | 13 Aug 2004 |
| £73,500 | 17 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,093 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 August 2004 the House Price Index for SHROPSHIRE was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £185,000 results in an estimated price of approximately £356,445.
| 13 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £185,000 | £171,445 | £356,445 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | 0.030 % | £55 | £185,055 |
| 3 Month Average | 49.138 % | £90,905 | £275,905 |
| 6 Month Average | 66.048 % | £122,188 | £307,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £258,303 | £255,000 | 9 BURTON STREET |
| 4 Aug 2023 | £243,127 | £241,000 | 70 NORTH STREET |
| 26 Jul 2023 | £278,752 | £275,000 | 53 QUEEN STREET |
| 21 Jul 2023 | £179,922 | £177,500 | 52 NEW PARK STREET |
| 25 Apr 2023 | £272,939 | £270,000 | 18 QUEEN STREET |
This house has a floor area of 101 sq meters or 1,093 sq feet when measured on 3 Nov 2008. Using an estimated price of £356,445 means this house is valued at £3,509 per sq meter (£325 per sq foot).
The average size of a house on QUEEN STREET is 89 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Park Street |
| Jan 2024 | Anti-social behaviour | On or near New Park Street | |
| Jan 2024 | Anti-social behaviour | On or near New Park Street | |
| Jan 2024 | Anti-social behaviour | On or near New Park Street | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near New Park Street |