£215,295
This estimated value is based upon the latest sale price for the house of £170,000 on 12 Dec 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 12 Dec 2017 |
| £40,000 | 18 Apr 2011 |
| £63,000 | 16 Aug 2002 |
| Terraced |
| Freehold |
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 2017 the House Price Index for SHROPSHIRE was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £170,000 results in an estimated price of approximately £215,295.
| 12 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £170,000 | £45,295 | £215,295 |
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 | 61.840 % | £105,127 | £275,127 |
| 3 Month Average | 33.390 % | £56,763 | £226,763 |
| 6 Month Average | 18.027 % | £30,646 | £200,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £189,833 | £184,000 | 20 MEADOW TERRACE |
| 15 Sep 2023 | £151,336 | £148,000 | 3 MEADOW PLACE |
| 24 Aug 2023 | £109,474 | £107,500 | 8 CASTLE GATES |
| 23 Mar 2023 | £355,944 | £350,000 | 14 SMITHFIELD ROAD |
| 1 Mar 2023 | £153,819 | £151,250 | 24 CHESTER STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Under investigation | On or near Bus/Coach Station |
| Oct 2024 | Shoplifting | Under investigation | On or near Bus/Coach Station |
| Aug 2024 | Shoplifting | Unable to prosecute suspect | On or near Bus/Coach Station |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Meadow Place |
| Aug 2024 | Anti-social behaviour | On or near Meadow Place |