£297,798
This estimated value is based upon the latest sale price for the house of £222,000 on 18 Jul 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £222,000 | 18 Jul 2016 |
| £150,000 | 29 Aug 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2016 the House Price Index for SHROPSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £222,000 results in an estimated price of approximately £297,798.
| 18 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £222,000 | £75,798 | £297,798 |
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 | 9.521 % | £21,137 | £243,137 |
| 3 Month Average | 19.275 % | £42,790 | £264,790 |
| 6 Month Average | 21.299 % | £47,284 | £269,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £366,180 | £363,000 | 17 ELMFIELD ROAD |
| 26 Apr 2024 | £322,803 | £320,000 | 18 ELMFIELD ROAD |
| 5 Apr 2024 | £569,949 | £565,000 | 44 PRESTON STREET |
| 4 Mar 2024 | £284,369 | £280,000 | 24 HIGHFIELDS |
| 20 Dec 2023 | £361,096 | £350,000 | 37 BELVIDERE AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 3 Mar 2016. Using an estimated price of £297,798 means this house is valued at £3,202 per sq meter (£297 per sq foot).
The average size of a house on ELMFIELD ROAD is 111 sq meters (1,195 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hermitage Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Hermitage Drive |