£358,142
This estimated value is based upon the latest sale price for the house of £230,000 on 2 Apr 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 2 Apr 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 206 sq meters or 2,217 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 April 2014 the House Price Index for SHROPSHIRE was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £230,000 results in an estimated price of approximately £358,142.
| 2 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £230,000 | £128,142 | £358,142 |
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 | 79.109 % | £181,950 | £411,950 |
| 3 Month Average | 52.699 % | £121,208 | £351,208 |
| 6 Month Average | 25.492 % | £58,632 | £288,632 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £536,864 | £530,000 | 11 VICTORIA ROAD |
| 23 Jun 2023 | £240,918 | £238,000 | 17 THE HOOKFIELD |
| 15 Mar 2023 | £267,520 | £265,000 | 59 INNAGE LANE |
| 27 Jan 2023 | £333,429 | £335,000 | 51 INNAGE LANE |
| 8 Aug 2022 | £284,235 | £285,000 | 14 THE HOOKFIELD |
This house has a floor area of 206 sq meters or 2,217 sq feet when measured on 27 Jun 2013. Using an estimated price of £358,142 means this house is valued at £1,738 per sq meter (£161 per sq foot).
The average size of a house on VICTORIA ROAD is 126 sq meters (1,363 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orchard Drive |