£191,002
This estimated value is based upon the latest sale price for the house of £112,000 on 25 May 2012. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£112,000 | 25 May 2012 |
Semi-Detached |
Freehold |
Floor Area: 73 sq meters or 795 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 May 2012 the House Price Index for SHROPSHIRE was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £112,000 results in an estimated price of approximately £191,002.
25 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 148.6 | 70.538 % | £112,000 | £79,002 | £191,002 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 53.528 % | £59,950 | £171,950 |
3 Month Average | 46.745 % | £52,354 | £164,354 |
6 Month Average | 50.642 % | £56,719 | £168,719 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £185,241 | £182,000 | 1 FRIARS CLOSE |
7 Dec 2023 | £249,363 | £245,000 | 32 WHITEFRIARS |
1 Dec 2023 | £230,025 | £226,000 | 30 WHITEFRIARS |
24 Nov 2023 | £180,167 | £177,500 | 18 PRINCE CHARLES ROAD |
16 Nov 2023 | £187,780 | £185,000 | 3 FRIARS CLOSE |
This house has a floor area of 73 sq meters or 795 sq feet when measured on 6 Dec 2011. Using an estimated price of £191,002 means this house is valued at £2,583 per sq meter (£239 per sq foot).
The average size of a house on WHITEFRIARS is 82 sq meters (891 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Chaucer Close |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Chaucer Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Chaucer Close |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Chaucer Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St James Close |