£170,773
This estimated value is based upon the latest sale price for the house of £32,000 on 14 Jan 1997. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £32,000 | 14 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 January 1997 the House Price Index for SHROPSHIRE was 27.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 433.667%.Applying this 433.667% change to the original purchase price of £32,000 results in an estimated price of approximately £170,773.
| 14 Jan 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.8 | 148.6 | 433.667 % | £32,000 | £138,773 | £170,773 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 391.250 % | £125,200 | £157,200 |
| 3 Month Average | 288.260 % | £92,243 | £124,243 |
| 6 Month Average | 311.513 % | £99,684 | £131,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £180,152 | £177,000 | 5 TOWERS LAWN COURT |
| 14 Jul 2023 | £263,547 | £260,000 | 16 THE BURGAGE |
| 7 Jul 2023 | £174,347 | £172,000 | 7 DAIRY CLOSE |
| 3 Jul 2023 | £212,865 | £210,000 | 22 THE BURGAGE |
| 10 Feb 2023 | £181,878 | £182,000 | 6 DAIRY CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 5 Nov 2012. Using an estimated price of £170,773 means this house is valued at £2,189 per sq meter (£203 per sq foot).
The average size of a house on THE BURGAGE is 124 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near The Burgage | |
| Jan 2024 | Anti-social behaviour | On or near The Burgage | |
| Jan 2024 | Anti-social behaviour | On or near The Burgage | |
| Dec 2023 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Anti-social behaviour | On or near Parking Area |