£137,106
This estimated value is based upon the latest sale price for the house of £135,000 on 1 Mar 2024. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£135,000 | 1 Mar 2024 |
£115,000 | 24 Aug 2018 |
£110,000 | 26 Nov 2004 |
Terraced |
Freehold |
Floor Area: 65 sq meters or 705 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 March 2024 the House Price Index for SHROPSHIRE was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £135,000 results in an estimated price of approximately £137,106.
1 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.4 | 149.7 | 1.560 % | £135,000 | £2,106 | £137,106 |
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 | -4.315 % | £-5,825 | £129,174 |
3 Month Average | -5.572 % | £-7,521 | £127,478 |
6 Month Average | -12.662 % | £-17,093 | £117,906 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2024 | £138,000 | £138,000 | 11 EGERTON ROAD |
1 Mar 2024 | £137,107 | £135,000 | 2 GAMBRELL AVENUE |
29 Aug 2023 | £140,535 | £138,000 | 39 GAMBRELL AVENUE |
7 Jun 2023 | £169,395 | £166,000 | 48 TALBOT STREET |
2 Jun 2023 | £142,863 | £140,000 | 20 EGERTON ROAD |
This house has a floor area of 65 sq meters or 705 sq feet when measured on 28 Jul 2009. Using an estimated price of £137,107 means this house is valued at £2,093 per sq meter (£194 per sq foot).
The average size of a house on GAMBRELL AVENUE is 78 sq meters (840 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gambrell Avenue |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gambrell Avenue |
Oct 2024 | Drugs | Under investigation | On or near Gambrell Avenue |
Sep 2024 | Anti-social behaviour | On or near Gambrell Avenue | |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Gambrell Avenue |