£253,387
This estimated value is based upon the latest sale price for the house of £244,950 on 31 Mar 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £244,950 | 31 Mar 2023 |
| Semi-Detached |
| Freehold |
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 2023 the House Price Index for SHROPSHIRE was 98.7.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 3.445%.Applying this 3.445% change to the original purchase price of £244,950 results in an estimated price of approximately £253,387.
| 31 Mar 2023 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 102.1 | 3.445 % | £244,950 | £8,437 | £253,387 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 18.662 % | £45,713 | £290,663 |
| 3 Month Average | 2.851 % | £6,983 | £251,933 |
| 6 Month Average | 0.790 % | £1,934 | £246,884 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £110,600 | £108,000 | APARTMENT 3 50 CASTLE FOREGATE |
| 16 Aug 2024 | £209,935 | £205,000 | FLAT 6 CAMBRIAN HOUSE CHESTER STREET |
| 12 Aug 2024 | £296,981 | £290,000 | 2 HOLDER GROVE |
| 12 Mar 2024 | £239,867 | £230,000 | 15 HOLDER GROVE |
| 23 Feb 2024 | £120,426 | £115,000 | APARTMENT 4 50 CASTLE FOREGATE |