£257,280
This estimated value is based upon the latest sale price for the house of £248,000 on 6 Apr 2022. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £248,000 | 6 Apr 2022 |
| £145,000 | 24 Jan 2014 |
| £98,000 | 17 May 2002 |
| £43,000 | 8 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 April 2022 the House Price Index for SHROPSHIRE was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £248,000 results in an estimated price of approximately £257,280.
| 6 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £248,000 | £9,280 | £257,280 |
The Postcode Pricing Model uses changes in average sales price within the WV16 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 | -17.175 % | £-42,592 | £205,407 |
| 3 Month Average | 6.133 % | £15,209 | £263,209 |
| 6 Month Average | 18.289 % | £45,356 | £293,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £299,603 | £295,000 | 32 WEST CASTLE STREET |
| 4 Mar 2024 | £411,320 | £405,000 | 15 WEST CASTLE STREET |
| 6 Dec 2023 | £165,072 | £160,000 | 50 RAILWAY STREET |
| 30 Nov 2023 | £254,459 | £248,000 | 30 RAILWAY STREET |
| 30 Nov 2023 | £177,506 | £173,000 | 49 RAILWAY STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 11 Jan 2013. Using an estimated price of £257,281 means this house is valued at £4,854 per sq meter (£450 per sq foot).
The average size of a house on WEST CASTLE STREET is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near West Castle Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Castle Street |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near East Castle Street |
| Aug 2024 | Anti-social behaviour | On or near East Castle Street | |
| Aug 2024 | Anti-social behaviour | On or near East Castle Street |