£314,372
This estimated value is based upon the latest sale price for the house of £185,000 on 5 Apr 2012. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £185,000 | 5 Apr 2012 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 767 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 April 2012 the House Price Index for SHROPSHIRE was 87.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.931%.Applying this 69.931% change to the original purchase price of £185,000 results in an estimated price of approximately £314,372.
| 5 Apr 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.0 | 69.931 % | £185,000 | £129,372 | £314,372 |
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 | 37.741 % | £69,820 | £254,820 |
| 3 Month Average | 22.810 % | £42,198 | £227,198 |
| 6 Month Average | 40.185 % | £74,342 | £259,342 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2022 | £194,633 | £197,000 | 103 FIELD CRESCENT |
| 27 Jul 2022 | £199,730 | £200,000 | 24 FERNDALE ROAD |
| 13 May 2022 | £152,263 | £150,000 | 17 ALLERTON ROAD |
| 7 Mar 2022 | £175,453 | £170,000 | 157 FIELD CRESCENT |
| 11 Feb 2022 | £253,804 | £243,000 | 14 WOODVINE ROAD |
This house has a floor area of 71 sq meters or 767 sq feet when measured on 22 Jul 2009. Using an estimated price of £314,372 means this house is valued at £4,409 per sq meter (£409 per sq foot).
The average size of a house on MOSTON ROAD is 88 sq meters (951 sq feet).