£293,439
This estimated value is based upon the latest sale price for the house of £275,000 on 15 Dec 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 15 Dec 2021 |
| £182,500 | 4 Sep 2006 |
| £154,000 | 14 May 2004 |
| £104,000 | 21 Nov 2002 |
| £69,950 | 17 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 December 2021 the House Price Index for SHROPSHIRE was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £275,000 results in an estimated price of approximately £293,439.
| 15 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £275,000 | £18,439 | £293,439 |
The Postcode Pricing Model uses changes in average sales price within the SY8 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 | -8.401 % | £-23,101 | £251,898 |
| 3 Month Average | 42.413 % | £116,634 | £391,634 |
| 6 Month Average | 36.650 % | £100,788 | £375,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £385,000 | £385,000 | 2 THE ORCHARD QUARRY GARDENS |
| 22 Mar 2024 | £125,424 | £125,000 | 5 QUARRY GARDENS |
| 15 Mar 2024 | £416,407 | £415,000 | 1 THE MALTINGS PORTCULLIS LANE |
| 14 Apr 2023 | £226,685 | £225,000 | 65 QUARRY GARDENS |
| 13 Jan 2023 | £179,424 | £181,000 | 7 STATION DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 17 Jun 2021. Using an estimated price of £293,439 means this house is valued at £3,578 per sq meter (£332 per sq foot).
The average size of a house on GLENCOE TERRACE is 111 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Ludlow |