£201,066
This estimated value is based upon the latest sale price for the house of £118,000 on 11 Dec 2012. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£118,000 | 11 Dec 2012 |
£55,500 | 16 Jul 1999 |
Semi-Detached |
Freehold |
Floor Area: 79 sq meters or 850 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 December 2012 the House Price Index for SHROPSHIRE was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £118,000 results in an estimated price of approximately £201,066.
11 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.9 | 149.7 | 70.396 % | £118,000 | £83,066 | £201,066 |
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 | 45.179 % | £53,311 | £171,311 |
3 Month Average | 50.876 % | £60,033 | £178,033 |
6 Month Average | 48.837 % | £57,627 | £175,627 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £183,000 | £183,000 | 9 STRICKLAND |
28 Nov 2023 | £228,295 | £222,500 | 19 WENDSLEY ROAD |
27 Nov 2023 | £254,459 | £248,000 | 6 HORKSLEY |
27 Sep 2023 | £174,446 | £170,600 | 2 CORBET CLOSE |
2 Jun 2023 | £198,988 | £195,000 | 12 CORBET CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 11 Jun 2012. Using an estimated price of £201,067 means this house is valued at £2,545 per sq meter (£236 per sq foot).
The average size of a house on WENDSLEY ROAD is 96 sq meters (1,036 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (850 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Wendsley Road |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Horksley |
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Horksley |
Aug 2024 | Anti-social behaviour | On or near Horksley | |
Aug 2024 | Anti-social behaviour | On or near Horksley |