£226,902
This estimated value is based upon the latest sale price for the house of £190,000 on 4 Aug 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £190,000 | 4 Aug 2020 |
| £155,000 | 29 Jan 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2020 the House Price Index for SHROPSHIRE was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £190,000 results in an estimated price of approximately £226,902.
| 4 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £190,000 | £36,902 | £226,902 |
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 | 42.277 % | £80,326 | £270,326 |
| 3 Month Average | 22.998 % | £43,695 | £233,695 |
| 6 Month Average | 22.963 % | £43,628 | £233,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £260,881 | £260,000 | 21 MELROSE CRESCENT |
| 13 Dec 2023 | £208,953 | £205,000 | 23 BARTONS ROAD |
| 4 Dec 2023 | £229,339 | £225,000 | 2 MELROSE CRESCENT |
| 30 Nov 2023 | £288,706 | £285,000 | 15 MELROSE CRESCENT |
| 28 Jul 2023 | £211,955 | £209,950 | 26 ALLEN GARDENS |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 5 Aug 2015. Using an estimated price of £226,903 means this house is valued at £1,939 per sq meter (£180 per sq foot).
The average size of a house on SALISBURY ROAD is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Charlesway | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Charlesway |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Hungry Lane |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Simons Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Simons Road |