£206,147
This estimated value is based upon the latest sale price for the house of £191,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£191,000 | 17 Dec 2021 |
£152,000 | 19 Jun 2015 |
£134,995 | 15 Sep 2006 |
£111,000 | 24 Mar 2004 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 645 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 2021 the House Price Index for SHROPSHIRE was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £191,000 results in an estimated price of approximately £206,147.
17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £191,000 | £15,147 | £206,147 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 15.377 % | £29,370 | £220,370 |
3 Month Average | 2.233 % | £4,265 | £195,265 |
6 Month Average | 2.964 % | £5,660 | £196,660 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2024 | £290,019 | £287,500 | 4 BURNHAM AVENUE |
25 May 2022 | £231,019 | £225,000 | 18 NORTHWOOD ROAD |
4 Mar 2022 | £177,469 | £170,000 | 35 NORTHWOOD ROAD |
17 Dec 2021 | £206,148 | £191,000 | 39 NORTHWOOD ROAD |
17 Sep 2021 | £496,648 | £457,500 | 18 ST JAMES ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 5 Aug 2014. Using an estimated price of £206,148 means this house is valued at £3,435 per sq meter (£319 per sq foot).
The average size of a house on NORTHWOOD ROAD is 75 sq meters (811 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near Hillside Drive |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Hillside Drive |