£541,521
This estimated value is based upon the latest sale price for the house of £320,000 on 28 Nov 2012. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 28 Nov 2012 |
| £182,500 | 29 Jul 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 November 2012 the House Price Index for SHROPSHIRE was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £320,000 results in an estimated price of approximately £541,521.
| 28 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £320,000 | £221,521 | £541,521 |
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 | 104.681 % | £334,980 | £654,980 |
| 3 Month Average | 59.144 % | £189,262 | £509,262 |
| 6 Month Average | 52.803 % | £168,969 | £488,969 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £603,941 | £595,000 | 18 LONDON ROAD |
| 8 Sep 2023 | £308,950 | £305,000 | 18 PRESTON STREET |
| 3 Aug 2023 | £312,736 | £310,000 | 33 BELVIDERE AVENUE |
| 10 Jul 2023 | £253,360 | £249,950 | 9 BELVIDERE WALK |
| 31 Mar 2023 | £208,969 | £207,000 | 2 THE ELMS |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 5 Nov 2012. Using an estimated price of £541,522 means this house is valued at £5,950 per sq meter (£552 per sq foot).
The average size of a house on PRESTON STREET is 107 sq meters (1,155 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Hermitage Drive | |
| Jan 2024 | Anti-social behaviour | On or near Hermitage Drive | |
| Jan 2024 | Anti-social behaviour | On or near Hermitage Drive |