£192,777
This estimated value is based upon the latest sale price for the house of £165,000 on 2 Oct 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 2 Oct 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 October 2020 the House Price Index for SHROPSHIRE was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £165,000 results in an estimated price of approximately £192,777.
| 2 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £165,000 | £27,777 | £192,777 |
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 | 32.238 % | £53,193 | £218,193 |
| 3 Month Average | 5.991 % | £9,885 | £174,885 |
| 6 Month Average | 12.126 % | £20,007 | £185,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £201,910 | £200,000 | 1 RODNEY HOUSE SCHOOL GARDENS |
| 30 Jan 2023 | £421,299 | £425,000 | CHURCH MEWS 25A CASTLE STREET |
| 14 Nov 2022 | £241,090 | £245,000 | 18 CASTLE STREET |
| 10 Aug 2022 | £125,154 | £126,000 | 39 - 40 CASTLE STREET |
| 1 Jun 2022 | £227,304 | £225,000 | FLAT 3 CROWN HOUSE ST MARYS STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 14 Jul 2017. Using an estimated price of £192,777 means this house is valued at £2,471 per sq meter (£229 per sq foot).
The average size of a house on CASTLE STREET is 119 sq meters (1,287 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near School Gardens | |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near School Gardens |