£282,774
This estimated value is based upon the latest sale price for the house of £82,500 on 4 May 2001. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £82,500 | 4 May 2001 |
| £46,000 | 21 Mar 1997 |
| Terraced |
| Freehold |
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 2001 the House Price Index for SHROPSHIRE was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £82,500 results in an estimated price of approximately £282,774.
| 4 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £82,500 | £200,274 | £282,774 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 336.005 % | £277,204 | £359,704 |
| 3 Month Average | 270.719 % | £223,342 | £305,842 |
| 6 Month Average | 244.235 % | £201,494 | £283,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £5,075 | £5,000 | 128 ABBEY FOREGATE |
| 10 Nov 2023 | £603,941 | £595,000 | 18 LONDON ROAD |
| 8 Sep 2023 | £308,950 | £305,000 | 18 PRESTON STREET |
| 28 Apr 2023 | £348,755 | £345,000 | APARTMENT 2 THE WOODLANDS ABBEY FOREGATE |
| 10 Mar 2023 | £197,864 | £196,000 | APARTMENT 4 THE WOODLANDS ABBEY FOREGATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Woodlands Park |
| Feb 2024 | Drugs | Under investigation | On or near Woodlands Park |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodlands Park |
| Dec 2023 | Anti-social behaviour | On or near Woodlands Park | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodlands Park |