£307,686
This estimated value is based upon the latest sale price for the house of £232,950 on 26 May 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £232,950 | 26 May 2017 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 May 2017 the House Price Index for SHROPSHIRE was 77.3.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 32.083%.Applying this 32.083% change to the original purchase price of £232,950 results in an estimated price of approximately £307,686.
| 26 May 2017 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.3 | 102.1 | 32.083 % | £232,950 | £74,736 | £307,686 |
The Postcode Pricing Model uses changes in average sales price within the SY3 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 | 20.215 % | £47,089 | £280,039 |
| 3 Month Average | 27.618 % | £64,336 | £297,286 |
| 6 Month Average | 26.412 % | £61,527 | £294,477 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2024 | £261,138 | £255,000 | 14 TANNERSDALE |
| 16 Aug 2024 | £276,500 | £270,000 | 3 MERCERS LANE |
| 28 Mar 2024 | £318,085 | £305,000 | 13 MERCERS LANE |
| 1 Mar 2024 | £453,662 | £435,000 | 21 MERCERS LANE |
| 29 Sep 2023 | £535,999 | £515,000 | 74 DRAPERS RISE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 5 May 2017. Using an estimated price of £307,687 means this house is valued at £3,577 per sq meter (£332 per sq foot).
The average size of a house on TANNERSDALE is 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Tannersdale |
| Feb 2025 | Other theft | Under investigation | On or near Chantry Place |
| Nov 2024 | Public order | Investigation complete; no suspect identified | On or near Chantry Place |
| Dec 2024 | Violence and sexual offences | Under investigation | On or near Mercers Lane |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Mercers Lane |