£292,935
This estimated value is based upon the latest sale price for the house of £290,000 on 1 Jul 2022. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £290,000 | 1 Jul 2022 |
| £237,500 | 22 Aug 2019 |
| £157,250 | 13 Dec 2018 |
| £110,000 | 26 Sep 2018 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 July 2022 the House Price Index for SHROPSHIRE was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £290,000 results in an estimated price of approximately £292,935.
| 1 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £290,000 | £2,935 | £292,935 |
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 | -34.576 % | £-100,269 | £189,730 |
| 3 Month Average | 0.990 % | £2,870 | £292,870 |
| 6 Month Average | 5.825 % | £16,891 | £306,891 |
| 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 81 sq meters or 871 sq feet when measured on 19 Apr 2018. Using an estimated price of £292,935 means this house is valued at £3,616 per sq meter (£335 per sq foot).
The average size of a house on STAFFORD AVENUE is 125 sq meters (1,351 sq feet).
This house is the smallest in the street with a floor area of 81 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Vicarage Drive |