£245,555
This estimated value is based upon the latest sale price for the house of £185,000 on 11 Nov 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £185,000 | 11 Nov 2016 |
| £165,000 | 28 Nov 2013 |
| £148,500 | 21 Oct 2009 |
| £161,000 | 29 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 989 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 November 2016 the House Price Index for SHROPSHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £185,000 results in an estimated price of approximately £245,555.
| 11 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £185,000 | £60,555 | £245,555 |
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 | 94.240 % | £174,344 | £359,344 |
| 3 Month Average | 25.243 % | £46,700 | £231,700 |
| 6 Month Average | 25.160 % | £46,545 | £231,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2024 | £369,000 | £369,000 | 17 SHEET ROAD |
| 24 Oct 2023 | £358,134 | £350,000 | 2 FOLDGATE VIEW |
| 14 Aug 2023 | £264,775 | £260,000 | 4 LANGFORD CLOSE |
| 17 Feb 2023 | £178,694 | £177,500 | 6 HONEY MEADOW |
| 10 Jan 2023 | £584,061 | £582,500 | STUDIO LODGE SHEET ROAD |
This house has a floor area of 91 sq meters or 989 sq feet when measured on 20 Jul 2009. Using an estimated price of £245,556 means this house is valued at £2,670 per sq meter (£248 per sq foot).
The average size of a house on PARYS ROAD is 122 sq meters (1,319 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Honey Meadow |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Honey Meadow |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Foldgate View |
| Oct 2024 | Other theft | Under investigation | On or near Foldgate View |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Foldgate View |