£192,616
This estimated value is based upon the latest sale price for the house of £145,000 on 23 Sep 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 23 Sep 2016 |
| £68,000 | 22 Jun 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 755 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 2016 the House Price Index for SHROPSHIRE was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £145,000 results in an estimated price of approximately £192,616.
| 23 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £145,000 | £47,616 | £192,616 |
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 | 31.935 % | £46,305 | £191,305 |
| 3 Month Average | 21.167 % | £30,691 | £175,691 |
| 6 Month Average | 23.043 % | £33,412 | £178,412 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £207,514 | £205,000 | 167 NEW PARK ROAD |
| 20 Jun 2023 | £237,881 | £235,000 | 41 TILBROOK DRIVE |
| 24 Nov 2022 | £231,199 | £234,000 | 6 FELTON CLOSE |
| 14 Oct 2022 | £183,029 | £185,000 | 3 AVONDALE DRIVE |
| 30 Jun 2022 | £226,197 | £223,000 | 21 NEWFIELD DRIVE |
This house has a floor area of 70 sq meters or 755 sq feet when measured on 7 Jan 2010. Using an estimated price of £192,617 means this house is valued at £2,743 per sq meter (£254 per sq foot).
The average size of a house on AVONDALE DRIVE is 65 sq meters (706 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Newfield Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Newfield Drive |