£431,321
This estimated value is based upon the latest sale price for the house of £427,000 on 28 Jul 2022. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £427,000 | 28 Jul 2022 |
| £350,000 | 17 Feb 2017 |
| Terraced |
| Freehold |
| Floor Area: 186 sq meters or 2,002 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 2022 the House Price Index for SHROPSHIRE was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £427,000 results in an estimated price of approximately £431,321.
| 28 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £427,000 | £4,321 | £431,321 |
The Postcode Pricing Model uses changes in average sales price within the TF11 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 | 28.372 % | £121,149 | £548,149 |
| 3 Month Average | -8.784 % | £-37,508 | £389,491 |
| 6 Month Average | -3.023 % | £-12,909 | £414,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £241,000 | £241,000 | 4 CORNMILL GARDENS |
| 7 May 2024 | £289,950 | £289,950 | 16 VICTORIA ROAD |
| 20 Dec 2023 | £221,816 | £215,000 | 28 INNAGE ROAD |
| 8 Dec 2023 | £593,229 | £575,000 | 2 THE RUSSELLS |
| 2 Aug 2023 | £381,888 | £375,000 | 22 SHREWSBURY ROAD |
This house has a floor area of 186 sq meters or 2,002 sq feet when measured on 5 Aug 2013. Using an estimated price of £431,322 means this house is valued at £2,318 per sq meter (£215 per sq foot).
The average size of a house on VICTORIA ROAD is 143 sq meters (1,539 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Shrewsbury Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Shrewsbury Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shrewsbury Road |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Shrewsbury Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |