£218,077
This estimated value is based upon the latest sale price for the house of £115,000 on 19 Nov 2004. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£115,000 | 19 Nov 2004 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 November 2004 the House Price Index for SHROPSHIRE was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £115,000 results in an estimated price of approximately £218,077.
19 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 149.7 | 89.633 % | £115,000 | £103,077 | £218,077 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 144.468 % | £166,138 | £281,138 |
3 Month Average | 60.403 % | £69,463 | £184,463 |
6 Month Average | 52.489 % | £60,362 | £175,362 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £141,226 | £140,000 | ASHFIELD VICTORIA COURT |
18 Dec 2023 | £177,453 | £172,000 | 16 VICTORIA ROAD |
1 Dec 2023 | £140,311 | £136,000 | 9 VICTORIA ROAD |
10 Oct 2023 | £752,081 | £735,000 | LORD HILL INN SHREWSBURY ROAD |
29 Sep 2023 | £148,268 | £145,000 | 7 GOOSEFIELD CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 4 Oct 2013. Using an estimated price of £218,078 means this house is valued at £2,907 per sq meter (£270 per sq foot).
The average size of a house on VICTORIA ROAD is 97 sq meters (1,052 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Victoria Court |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Victoria Court |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Court |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Victoria Court |
Apr 2024 | Other crime | Unable to prosecute suspect | On or near Victoria Court |