£299,024
This estimated value is based upon the latest sale price for the house of £295,000 on 12 Jul 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There have been two burglaries within the last year on or near Parking Area
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Price Paid | Date |
---|---|
£295,000 | 12 Jul 2023 |
£205,000 | 19 Dec 2016 |
£98,000 | 24 Jul 2000 |
£74,950 | 22 Aug 1997 |
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 2023 the House Price Index for SHROPSHIRE was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £295,000 results in an estimated price of approximately £299,024.
12 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.6 | 148.6 | 1.364 % | £295,000 | £4,024 | £299,024 |
The Postcode Pricing Model uses changes in average sales price within the TF13 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 | -26.925 % | £-79,428 | £215,571 |
3 Month Average | -26.505 % | £-78,189 | £216,810 |
6 Month Average | -3.452 % | £-10,182 | £284,817 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £334,959 | £330,000 | 7 SMITHFIELD ROAD |
22 Sep 2023 | £523,493 | £516,800 | 12 SMITHFIELD ROAD |
17 Aug 2023 | £484,186 | £479,950 | THE STABLES KING STREET |
12 Jul 2023 | £299,025 | £295,000 | 33 SOUTHFIELD ROAD |
14 Apr 2023 | £414,463 | £410,000 | FOUR ASHES BOURTON ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 8 Sep 2016. Using an estimated price of £299,025 means this house is valued at £3,883 per sq meter (£360 per sq foot).
The average size of a house on SOUTHFIELD ROAD is 101 sq meters (1,090 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
Dec 2023 | Public order | Unable to prosecute suspect | On or near Parking Area |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Victoria Road |