£188,783
This estimated value is based upon the latest sale price for the house of £185,000 on 6 Jun 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£185,000 | 6 Jun 2023 |
£124,950 | 31 Oct 2007 |
£43,500 | 13 Oct 1998 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 June 2023 the House Price Index for SHROPSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £185,000 results in an estimated price of approximately £188,783.
6 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £185,000 | £3,783 | £188,783 |
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 | 27.696 % | £51,238 | £236,238 |
3 Month Average | 6.379 % | £11,801 | £196,801 |
6 Month Average | 7.103 % | £13,140 | £198,140 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2024 | £181,577 | £180,000 | 16 OUTWOOD |
3 Nov 2023 | £176,480 | £172,000 | 28 MORRIS CLOSE |
27 Sep 2023 | £174,446 | £170,600 | 2 CORBET CLOSE |
6 Jun 2023 | £188,783 | £185,000 | 14 HODGKINSON WALK |
2 Jun 2023 | £198,988 | £195,000 | 12 CORBET CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 10 Jun 2021. Using an estimated price of £188,783 means this house is valued at £2,359 per sq meter (£219 per sq foot).
The average size of a house on HODGKINSON WALK is 104 sq meters (1,121 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Hodgkinson Walk | |
Oct 2024 | Anti-social behaviour | On or near Hodgkinson Walk | |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Hodgkinson Walk |
Sep 2024 | Anti-social behaviour | On or near Hodgkinson Walk | |
Sep 2024 | Anti-social behaviour | On or near Hodgkinson Walk |