£123,538
This estimated value is based upon the latest sale price for the house of £100,000 on 8 Mar 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £100,000 | 8 Mar 2019 |
| £40,000 | 25 Jun 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £100,000 results in an estimated price of approximately £123,538.
| 8 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £100,000 | £23,538 | £123,538 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 43.437 % | £43,437 | £143,437 |
| 3 Month Average | 15.774 % | £15,773 | £115,773 |
| 6 Month Average | 14.165 % | £14,164 | £114,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £337,658 | £331,750 | 107 CHESHIRE STREET |
| 29 Sep 2023 | £121,504 | £119,950 | 1 MERCIAN COURT |
| 30 Jun 2023 | £106,287 | £105,000 | 23 MERCIAN COURT |
| 6 Apr 2023 | £158,203 | £156,500 | 27 FROGMORE ROAD |
| 17 Mar 2023 | £85,808 | £85,000 | 41 MERCIAN COURT |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 9 Apr 2018. Using an estimated price of £123,539 means this house is valued at £2,093 per sq meter (£194 per sq foot).
The average size of a house on MERCIAN COURT is 57 sq meters (613 sq feet).
This house is the largest in the street with a floor area of 59 sq meters (635 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Shoplifting | Under investigation | On or near Mercian Court |
| Dec 2023 | Shoplifting | Under investigation | On or near Mercian Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mercian Court |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Frog Lane |
| Mar 2024 | Public order | Under investigation | On or near Cheshire Street |