£165,265
This estimated value is based upon the latest sale price for the house of £111,000 on 4 Feb 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£111,000 | 4 Feb 2015 |
£115,000 | 23 Apr 2010 |
£89,950 | 24 Jun 2004 |
£59,500 | 13 Dec 2002 |
£29,000 | 26 Jan 2001 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 2015 the House Price Index for SHROPSHIRE was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £111,000 results in an estimated price of approximately £165,265.
4 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 149.7 | 48.888 % | £111,000 | £54,265 | £165,265 |
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 | 45.462 % | £50,462 | £161,462 |
3 Month Average | 52.122 % | £57,854 | £168,854 |
6 Month Average | 48.331 % | £53,647 | £164,647 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Aug 2023 | £162,939 | £160,000 | 115 WILLOW STREET |
20 Jan 2023 | £75,201 | £75,000 | 73 YORK STREET |
28 Oct 2022 | £114,617 | £115,000 | 2 THE MEWS |
14 Oct 2022 | £169,384 | £169,950 | 1 THE MEWS |
18 Jul 2022 | £111,113 | £110,000 | 1 OAK STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 31 Jul 2014. Using an estimated price of £165,266 means this house is valued at £2,360 per sq meter (£219 per sq foot).
The average size of a house on OAK STREET is 86 sq meters (932 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Drugs | Under investigation | On or near Oak Street |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oak Street |