£159,174
This estimated value is based upon the latest sale price for the house of £127,500 on 18 Jul 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £127,500 | 18 Jul 2018 |
| £115,000 | 14 Jun 2013 |
| £119,000 | 28 May 2008 |
| Terraced |
| Freehold |
| 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 July 2018 the House Price Index for SHROPSHIRE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £127,500 results in an estimated price of approximately £159,174.
| 18 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £127,500 | £31,674 | £159,174 |
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 | 90.947 % | £115,957 | £243,457 |
| 3 Month Average | 12.172 % | £15,519 | £143,019 |
| 6 Month Average | 20.548 % | £26,198 | £153,698 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £306,972 | £300,000 | 23 NEW STREET |
| 16 Aug 2023 | £172,104 | £169,000 | 5 DODMORE LANE |
| 30 Jun 2023 | £255,112 | £250,000 | 18 DODMORE LANE |
| 27 Jan 2023 | £190,509 | £190,000 | 3 CHAPEL MEWS |
| 27 Jan 2023 | £180,482 | £180,000 | 11 CHAPEL ROW |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 3 Oct 2012. Using an estimated price of £159,175 means this house is valued at £2,697 per sq meter (£250 per sq foot).
The average size of a house on NEW STREET is 63 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Street |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Hospital |
| Oct 2024 | Shoplifting | Under investigation | On or near Hospital |
| Oct 2024 | Shoplifting | Under investigation | On or near Hospital |
| Sep 2024 | Shoplifting | Under investigation | On or near Hospital |