£313,292
This estimated value is based upon the latest sale price for the house of £255,000 on 7 Dec 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£255,000 | 7 Dec 2018 |
£249,950 | 26 Sep 2014 |
Detached |
Freehold |
Floor Area: 114 sq meters or 1,227 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 December 2018 the House Price Index for SHROPSHIRE was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £255,000 results in an estimated price of approximately £313,292.
7 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.0 | 22.860 % | £255,000 | £58,292 | £313,292 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | 20.009 % | £51,022 | £306,022 |
3 Month Average | 3.679 % | £9,380 | £264,380 |
6 Month Average | 7.928 % | £20,215 | £275,215 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Mar 2023 | £1,990,761 | £1,980,000 | ALDI FOODSTORE LTD ARLINGTON WAY |
20 Jan 2023 | £312,257 | £315,000 | 45 WOODVINE ROAD |
9 Nov 2022 | £191,888 | £195,000 | 18 ASQUITH CLOSE |
28 Jun 2022 | £202,048 | £200,000 | 9 ASQUITH CLOSE |
20 May 2022 | £121,811 | £120,000 | 31 ASQUITH CLOSE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 8 Sep 2014. Using an estimated price of £313,293 means this house is valued at £2,748 per sq meter (£255 per sq foot).
The average size of a house on WOODVINE ROAD is 93 sq meters (1,002 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Asquith Close | |
Mar 2024 | Anti-social behaviour | On or near Asquith Close | |
Mar 2024 | Anti-social behaviour | On or near Asquith Close | |
Mar 2024 | Anti-social behaviour | On or near Asquith Close | |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ramsey Meadows |