£139,412
This estimated value is based upon the latest sale price for the house of £69,995 on 17 Jun 2004. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £69,995 | 17 Jun 2004 |
| £31,950 | 11 May 2001 |
| £21,850 | 26 Sep 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 404 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 June 2004 the House Price Index for SHROPSHIRE was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £69,995 results in an estimated price of approximately £139,412.
| 17 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 149.7 | 99.175 % | £69,995 | £69,417 | £139,412 |
The Postcode Pricing Model uses changes in average sales price within the TF4 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 | 87.412 % | £61,183 | £131,178 |
| 3 Month Average | 93.321 % | £65,320 | £135,315 |
| 6 Month Average | 86.330 % | £60,426 | £130,421 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £67,000 | £67,000 | 21 FOSTERS FOEL |
| 27 Nov 2023 | £83,879 | £81,750 | 7 CUCKOOS REST |
| 2 Nov 2023 | £95,422 | £93,000 | 2 STONEBRIDGE CLOSE |
| 16 Jun 2023 | £88,779 | £87,000 | 25 STONEBRIDGE CLOSE |
| 6 Jan 2023 | £105,281 | £105,000 | 20 STONEBRIDGE CLOSE |
This house has a floor area of 37 sq meters or 404 sq feet when measured on 21 Sep 2011. Using an estimated price of £139,413 means this house is valued at £3,707 per sq meter (£344 per sq foot).
The average size of a house on STONEBRIDGE CLOSE is 42 sq meters (459 sq feet).