£300,750
This estimated value is based upon the latest sale price for the house of £168,000 on 24 Feb 2006. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£168,000 | 24 Feb 2006 |
£125,000 | 19 Mar 2003 |
Semi-Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 February 2006 the House Price Index for SHROPSHIRE was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £168,000 results in an estimated price of approximately £300,750.
24 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.6 | 149.7 | 79.018 % | £168,000 | £132,750 | £300,750 |
The Postcode Pricing Model uses changes in average sales price within the TF12 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 | 114.264 % | £191,962 | £359,962 |
3 Month Average | 77.639 % | £130,433 | £298,433 |
6 Month Average | 54.198 % | £91,052 | £259,052 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £274,213 | £270,000 | 8 SWAN STREET |
4 Oct 2023 | £153,486 | £150,000 | IVYDENE HIGH STREET |
8 Sep 2023 | £117,592 | £115,000 | 1 THE BUNGALOWS |
8 Sep 2023 | £161,050 | £157,500 | 5 ROSELEA CLOSE |
27 Jan 2023 | £220,589 | £220,000 | 7 CUMBERLAND MEWS |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 7 Aug 2013. Using an estimated price of £300,751 means this house is valued at £2,759 per sq meter (£256 per sq foot).
The average size of a house on MILL LANE is 115 sq meters (1,241 sq feet).
This house is the largest in the street with a floor area of 109 sq meters (1,173 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Mill Lane | |
May 2024 | Anti-social behaviour | On or near Mill Lane | |
May 2024 | Anti-social behaviour | On or near Mill Lane | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Barratt'S Hill |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Barratt'S Hill |