£106,896
This estimated value is based upon the latest sale price for the house of £57,000 on 18 Mar 2005. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £57,000 | 18 Mar 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 March 2005 the House Price Index for SHROPSHIRE was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £57,000 results in an estimated price of approximately £106,896.
| 18 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.538 % | £57,000 | £49,896 | £106,896 |
The Postcode Pricing Model uses changes in average sales price within the SY13 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 | 75.460 % | £43,012 | £100,012 |
| 3 Month Average | 82.668 % | £47,120 | £104,120 |
| 6 Month Average | 61.682 % | £35,158 | £92,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £513,023 | £500,000 | 21 DODINGTON |
| 22 Sep 2023 | £199,396 | £195,000 | 18 BARK HILL |
| 14 Sep 2023 | £132,419 | £129,500 | 10 MILL STREET |
| 9 Jun 2023 | £418,384 | £410,000 | 10 - 12 WATERGATE STREET |
| 9 Jun 2023 | £56,125 | £55,000 | 12B BREDWOOD ARCADE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 14 May 2013. Using an estimated price of £106,897 means this house is valued at £1,595 per sq meter (£148 per sq foot).
The average size of a house on WATERGATE STREET is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Watergate |
| Jul 2024 | Burglary | Under investigation | On or near Bark Hill Mews |