£282,724
This estimated value is based upon the latest sale price for the house of £225,000 on 4 May 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 4 May 2018 |
| £176,000 | 18 Apr 2007 |
| £168,000 | 24 Feb 2006 |
| £115,000 | 15 May 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 May 2018 the House Price Index for SHROPSHIRE was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £225,000 results in an estimated price of approximately £282,724.
| 4 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £225,000 | £57,724 | £282,724 |
The Postcode Pricing Model uses changes in average sales price within the TF11 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 | -22.627 % | £-50,911 | £174,088 |
| 3 Month Average | 29.238 % | £65,786 | £290,786 |
| 6 Month Average | 21.867 % | £49,199 | £274,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £272,315 | £269,950 | 45 APPLEBROOK |
| 9 Feb 2023 | £357,387 | £355,000 | 9 STAFFORD AVENUE |
| 23 Aug 2022 | £271,771 | £270,500 | 20 APPLEBROOK |
| 1 Jul 2022 | £292,935 | £290,000 | 38 STAFFORD AVENUE |
| 7 Apr 2022 | £234,976 | £226,500 | 19 APPLEBROOK |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 31 Oct 2014. Using an estimated price of £282,724 means this house is valued at £2,771 per sq meter (£257 per sq foot).
The average size of a house on STAFFORD AVENUE is 125 sq meters (1,351 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Vicarage Drive |