£187,982
This estimated value is based upon the latest sale price for the house of £127,000 on 16 Apr 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £127,000 | 16 Apr 2015 |
| £84,000 | 19 Dec 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 April 2015 the House Price Index for SHROPSHIRE was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £127,000 results in an estimated price of approximately £187,982.
| 16 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £127,000 | £60,982 | £187,982 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 32.481 % | £41,250 | £168,250 |
| 3 Month Average | 45.604 % | £57,916 | £184,916 |
| 6 Month Average | 48.291 % | £61,329 | £188,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £211,499 | £205,000 | 44 WALFORD ROAD |
| 11 Oct 2023 | £176,509 | £172,500 | 51 MONKMOOR ROAD |
| 16 Jun 2023 | £278,073 | £272,500 | 8 MONKMOOR AVENUE |
| 13 Mar 2023 | £146,446 | £144,000 | 5 SHELF BANK COTTAGES |
| 21 Nov 2022 | £143,330 | £144,000 | 2 SHELF BANK COTTAGES |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 13 Aug 2014. Using an estimated price of £187,983 means this house is valued at £3,356 per sq meter (£311 per sq foot).
The average size of a house on MONKMOOR CLOSE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Monkmoor Close | |
| Sep 2024 | Anti-social behaviour | On or near Monkmoor Close | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Langland Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Langland Road |
| Sep 2024 | Vehicle crime | Under investigation | On or near Shelf Bank Close |