£608,618
This estimated value is based upon the latest sale price for the house of £112,000 on 20 Dec 1996. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £112,000 | 20 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 231 sq meters or 2,486 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 1996 the House Price Index for SHROPSHIRE was 27.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 443.410%.Applying this 443.410% change to the original purchase price of £112,000 results in an estimated price of approximately £608,618.
| 20 Dec 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 149.7 | 443.410 % | £112,000 | £496,618 | £608,618 |
The Postcode Pricing Model uses changes in average sales price within the WV16 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 | 245.080 % | £274,490 | £386,490 |
| 3 Month Average | 282.793 % | £316,728 | £428,728 |
| 6 Month Average | 297.856 % | £333,598 | £445,598 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £582,848 | £570,000 | 1 WESTGATE VILLAS |
| 18 Sep 2023 | £541,947 | £530,000 | 11 VICTORIA ROAD |
| 12 Sep 2023 | £393,678 | £385,000 | 9 WESTGATE |
| 6 Apr 2023 | £428,005 | £420,000 | 10 POOL DRIVE |
| 6 Mar 2023 | £508,441 | £499,950 | 34 PAULBROOK ROAD |
This house has a floor area of 231 sq meters or 2,486 sq feet when measured on 31 Jan 2014. Using an estimated price of £608,619 means this house is valued at £2,634 per sq meter (£244 per sq foot).
The average size of a house on VICTORIA ROAD is 126 sq meters (1,363 sq feet).
This house is the largest in the street with a floor area of 231 sq meters (2,486 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westgate |
| Oct 2024 | Possession of weapons | Under investigation | On or near Cricket Meadow |
| Sep 2024 | Drugs | Under investigation | On or near Cricket Meadow |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Claremont Drive |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Salop Street |