£149,343
This estimated value is based upon the latest sale price for the house of £120,000 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 29 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 March 2019 the House Price Index for SHROPSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £120,000 results in an estimated price of approximately £149,343.
| 29 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £120,000 | £29,343 | £149,343 |
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 | 47.911 % | £57,493 | £177,493 |
| 3 Month Average | 33.515 % | £40,218 | £160,218 |
| 6 Month Average | 27.627 % | £33,152 | £153,152 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £181,577 | £180,000 | 16 OUTWOOD |
| 3 Nov 2023 | £176,480 | £172,000 | 28 MORRIS CLOSE |
| 27 Sep 2023 | £174,446 | £170,600 | 2 CORBET CLOSE |
| 6 Jun 2023 | £188,783 | £185,000 | 14 HODGKINSON WALK |
| 2 Jun 2023 | £198,988 | £195,000 | 12 CORBET CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 27 Feb 2019. Using an estimated price of £149,344 means this house is valued at £1,736 per sq meter (£161 per sq foot).
The average size of a house on MORRIS CLOSE is 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Hodgkinson Walk | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Hodgkinson Walk |
| Oct 2024 | Anti-social behaviour | On or near Hodgkinson Walk | |
| Sep 2024 | Anti-social behaviour | On or near Hodgkinson Walk | |
| Sep 2024 | Anti-social behaviour | On or near Hodgkinson Walk |