£132,552
This estimated value is based upon the latest sale price for the house of £108,000 on 24 Oct 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £108,000 | 24 Oct 2018 |
| £85,000 | 3 Nov 2010 |
| £88,000 | 29 Oct 2008 |
| £28,000 | 5 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 October 2018 the House Price Index for SHROPSHIRE was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.733%.Applying this 22.733% change to the original purchase price of £108,000 results in an estimated price of approximately £132,552.
| 24 Oct 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.733 % | £108,000 | £24,552 | £132,552 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 54.747 % | £59,127 | £167,127 |
| 3 Month Average | 19.622 % | £21,191 | £129,191 |
| 6 Month Average | 18.488 % | £19,967 | £127,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £110,000 | £110,000 | 18 PRINCE STREET |
| 5 Dec 2023 | £96,832 | £95,000 | 5 PRINCE STREET |
| 3 Nov 2023 | £146,886 | £145,000 | 50 ASH ROAD |
| 27 Jan 2023 | £156,624 | £158,000 | 19 PRINCE STREET |
| 3 Oct 2022 | £123,169 | £125,000 | 25 PRINCE STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 13 Sep 2018. Using an estimated price of £132,552 means this house is valued at £2,137 per sq meter (£198 per sq foot).
The average size of a house on LORNE STREET is 73 sq meters (794 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Under investigation | On or near Prince Street |
| Mar 2024 | Drugs | Local resolution | On or near Prince Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Prince Street |
| Mar 2024 | Drugs | Under investigation | On or near Prince Street |
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Ash Road |