£231,703
This estimated value is based upon the latest sale price for the house of £117,995 on 2 Jul 2004. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £117,995 | 2 Jul 2004 |
| Terraced |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 2004 the House Price Index for SHROPSHIRE was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £117,995 results in an estimated price of approximately £231,703.
| 2 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 149.7 | 96.367 % | £117,995 | £113,708 | £231,703 |
The Postcode Pricing Model uses changes in average sales price within the SY13 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 | 36.702 % | £43,306 | £161,301 |
| 3 Month Average | 54.676 % | £64,514 | £182,509 |
| 6 Month Average | 56.409 % | £66,559 | £184,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £117,592 | £115,000 | 5 PARK VIEW |
| 11 Aug 2023 | £168,031 | £165,000 | 1 HIGHGATE |
| 9 Jun 2023 | £168,374 | £165,000 | 22 BROOKES COURT MILL STREET |
| 7 Mar 2023 | £195,261 | £192,000 | 1 DARWIN COURT |
| 16 Jan 2023 | £113,303 | £113,000 | APARTMENT 6 REGAL COURT PARK AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 21 Aug 2019. Using an estimated price of £231,703 means this house is valued at £3,407 per sq meter (£316 per sq foot).
The average size of a house on PARK AVENUE is 88 sq meters (950 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Robbery | Under investigation | On or near Parking Area |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Aug 2024 | Anti-social behaviour | On or near Mill Street | |
| Aug 2024 | Anti-social behaviour | On or near Mill Street | |
| Aug 2024 | Anti-social behaviour | On or near Mill Street |