£720,215
This estimated value is based upon the latest sale price for the house of £485,000 on 3 Mar 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£485,000 | 3 Mar 2015 |
£270,000 | 15 Mar 1999 |
Detached |
Freehold |
Floor Area: 219 sq meters or 2,357 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 2015 the House Price Index for SHROPSHIRE was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £485,000 results in an estimated price of approximately £720,215.
3 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 149.7 | 48.498 % | £485,000 | £235,215 | £720,215 |
The Postcode Pricing Model uses changes in average sales price within the WV16 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 | 20.308 % | £98,494 | £583,494 |
3 Month Average | 42.509 % | £206,169 | £691,169 |
6 Month Average | 58.123 % | £281,898 | £766,898 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £299,603 | £295,000 | 32 WEST CASTLE STREET |
4 Mar 2024 | £411,320 | £405,000 | 15 WEST CASTLE STREET |
3 Feb 2023 | £176,177 | £175,000 | 4A WEST CASTLE STREET |
11 Jul 2022 | £80,810 | £80,000 | FLAT C 99 CARTWAY |
6 Apr 2022 | £257,281 | £248,000 | 34 WEST CASTLE STREET |
This house has a floor area of 219 sq meters or 2,357 sq feet when measured on 15 Jan 2014. Using an estimated price of £720,215 means this house is valued at £3,288 per sq meter (£305 per sq foot).
The average size of a house on EAST CASTLE STREET is 236 sq meters (2,544 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other theft | Unable to prosecute suspect | On or near East Castle Street |
Aug 2024 | Anti-social behaviour | On or near East Castle Street | |
Aug 2024 | Anti-social behaviour | On or near East Castle Street | |
Aug 2024 | Anti-social behaviour | On or near East Castle Street | |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near East Castle Street |