£343,230
This estimated value is based upon the latest sale price for the house of £275,000 on 9 Mar 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near New Road
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| Price Paid | Date |
|---|---|
| £275,000 | 9 Mar 2018 |
| £285,000 | 21 Aug 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,074 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 March 2018 the House Price Index for SHROPSHIRE was 118.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.811%.Applying this 24.811% change to the original purchase price of £275,000 results in an estimated price of approximately £343,230.
| 9 Mar 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.0 | 24.811 % | £275,000 | £68,230 | £343,230 |
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 | -32.323 % | £-88,888 | £186,111 |
| 3 Month Average | 30.772 % | £84,622 | £359,622 |
| 6 Month Average | 24.849 % | £68,336 | £343,336 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £218,824 | £217,050 | 14 HILLSIDE |
| 9 Jun 2023 | £453,678 | £450,000 | 21 CASTLE VIEW TERRACE |
| 14 Apr 2023 | £226,685 | £225,000 | 65 QUARRY GARDENS |
| 27 Jan 2023 | £188,346 | £190,000 | 3 CHAPEL MEWS |
| 31 Aug 2022 | £347,651 | £350,000 | 8 BELLE VUE TERRACE |
This house has a floor area of 99 sq meters or 1,074 sq feet when measured on 7 Jun 2011. Using an estimated price of £343,230 means this house is valued at £3,439 per sq meter (£319 per sq foot).
The average size of a house on BELLE VUE TERRACE is 113 sq meters (1,222 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near New Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Road |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hospital |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Hospital |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hospital |