£230,323
This estimated value is based upon the latest sale price for the house of £187,500 on 31 Jul 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £187,500 | 31 Jul 2019 |
| £170,000 | 13 Mar 2019 |
| £175,000 | 30 Sep 2011 |
| £51,000 | 18 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 July 2019 the House Price Index for SHROPSHIRE was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £187,500 results in an estimated price of approximately £230,323.
| 31 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £187,500 | £42,823 | £230,323 |
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 | 3.833 % | £7,186 | £194,686 |
| 3 Month Average | 62.423 % | £117,042 | £304,542 |
| 6 Month Average | 35.453 % | £66,474 | £253,974 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £385,000 | £385,000 | 2 THE ORCHARD QUARRY GARDENS |
| 22 Mar 2024 | £125,424 | £125,000 | 5 QUARRY GARDENS |
| 30 Jun 2023 | £75,613 | £75,000 | FLAT 16 BURGESS COURT GRAVEL HILL |
| 7 Mar 2023 | £128,193 | £127,500 | FLAT 26 BURGESS COURT GRAVEL HILL |
| 1 Mar 2023 | £145,788 | £145,000 | FLAT 1 BURGESS COURT GRAVEL HILL |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 31 Jan 2018. Using an estimated price of £230,324 means this house is valued at £2,038 per sq meter (£189 per sq foot).
The average size of a house on GRAVEL HILL is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Quarry Gardens |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Quarry Gardens |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Julian'S Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Julian'S Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Julian'S Avenue |