£98,237
This estimated value is based upon the latest sale price for the house of £17,250 on 28 Jul 1995. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £17,250 | 28 Jul 1995 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 July 1995 the House Price Index for SHROPSHIRE was 26.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 469.494%.Applying this 469.494% change to the original purchase price of £17,250 results in an estimated price of approximately £98,237.
| 28 Jul 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 149.7 | 469.494 % | £17,250 | £80,987 | £98,237 |
The Postcode Pricing Model uses changes in average sales price within the TF3 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 | 267.720 % | £46,181 | £63,431 |
| 3 Month Average | 374.424 % | £64,588 | £81,838 |
| 6 Month Average | 333.185 % | £57,474 | £74,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £105,000 | £105,000 | 35 BURFORD |
| 9 May 2024 | £111,500 | £111,500 | 294 BURFORD |
| 5 Apr 2024 | £105,415 | £104,500 | 71 BURFORD |
| 6 Mar 2024 | £121,872 | £120,000 | 4 BURTONDALE |
| 7 Dec 2023 | £139,280 | £135,000 | 80 BURFORD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 12 Jun 2015. Using an estimated price of £98,238 means this house is valued at £1,275 per sq meter (£118 per sq foot).
The average size of a house on BURFORD is 80 sq meters (868 sq feet).