£240,214
This estimated value is based upon the latest sale price for the house of £140,000 on 22 Sep 2006. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 22 Sep 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 September 2006 the House Price Index for SHROPSHIRE was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £140,000 results in an estimated price of approximately £240,214.
| 22 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.582 % | £140,000 | £100,214 | £240,214 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | 52.195 % | £73,072 | £213,072 |
| 3 Month Average | 56.753 % | £79,454 | £219,454 |
| 6 Month Average | 56.482 % | £79,074 | £219,074 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £378,285 | £375,000 | 13 CASTLE GATES |
| 19 Apr 2024 | £105,920 | £105,000 | TONY GENTLEMANS HAIRDRESSER STATION APPROACH |
| 22 Mar 2024 | £248,823 | £245,000 | 12 CHESTER STREET |
| 15 Dec 2023 | £189,833 | £184,000 | 20 MEADOW TERRACE |
| 15 Sep 2023 | £151,336 | £148,000 | 3 MEADOW PLACE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 31 Jul 2019. Using an estimated price of £240,215 means this house is valued at £3,753 per sq meter (£348 per sq foot).
The average size of a house on CHESTER STREET is 68 sq meters (736 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Oct 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Sep 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Sep 2024 | Anti-social behaviour | On or near Further/Higher Educational Building |