£310,268
This estimated value is based upon the latest sale price for the house of £249,000 on 31 Aug 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £249,000 | 31 Aug 2018 |
| £92,500 | 20 Jun 2000 |
| £69,000 | 18 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2018 the House Price Index for SHROPSHIRE was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £249,000 results in an estimated price of approximately £310,268.
| 31 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £249,000 | £61,268 | £310,268 |
The Postcode Pricing Model uses changes in average sales price within the SY8 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 | -3.857 % | £-9,604 | £239,395 |
| 3 Month Average | 8.580 % | £21,364 | £270,364 |
| 6 Month Average | 13.900 % | £34,611 | £283,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2024 | £369,000 | £369,000 | 17 SHEET ROAD |
| 15 Nov 2023 | £221,626 | £216,000 | 77 GREENACRES |
| 22 Aug 2023 | £203,673 | £200,000 | 37 LUDFORD VIEW |
| 29 Mar 2023 | £274,586 | £270,000 | 14 GREENACRES |
| 17 Feb 2023 | £178,694 | £177,500 | 6 HONEY MEADOW |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 23 Mar 2017. Using an estimated price of £310,269 means this house is valued at £3,265 per sq meter (£303 per sq foot).
The average size of a house on SHEET ROAD is 122 sq meters (1,316 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Green Acres |
| Aug 2024 | Other crime | Under investigation | On or near Green Acres |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Green Acres |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Green Acres |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Green Acres |