£327,213
This estimated value is based upon the latest sale price for the house of £320,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 29 Sep 2023 |
| £175,000 | 17 Nov 2009 |
| £146,000 | 14 Oct 2003 |
| £99,950 | 14 Jun 2001 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 762 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 September 2023 the House Price Index for SHROPSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £320,000 results in an estimated price of approximately £327,213.
| 29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £320,000 | £7,213 | £327,213 |
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 | -32.929 % | £-105,374 | £214,625 |
| 3 Month Average | 6.611 % | £21,153 | £341,153 |
| 6 Month Average | -0.160 % | £-513 | £319,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £253,901 | £250,000 | SEVERN COTTAGE BANDON LANE |
| 28 Nov 2023 | £274,467 | £267,500 | 31 RIVERSIDE |
| 29 Sep 2023 | £327,213 | £320,000 | 28 FRIARS STREET |
| 8 Sep 2023 | £503,601 | £492,500 | 12 SOUTHWELL RIVERSIDE |
| 20 Jan 2023 | £195,522 | £195,000 | 40 RIVERSIDE |
This house has a floor area of 70 sq meters or 762 sq feet when measured on 22 May 2009. Using an estimated price of £327,213 means this house is valued at £4,621 per sq meter (£429 per sq foot).
The average size of a house on FRIARS STREET is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Friar'S Street | |
| Aug 2024 | Anti-social behaviour | On or near Friar'S Street | |
| Aug 2024 | Anti-social behaviour | On or near Friar'S Street | |
| Jul 2024 | Anti-social behaviour | On or near Friar'S Street | |
| Jul 2024 | Anti-social behaviour | On or near Friar'S Street |