£203,430
This estimated value is based upon the latest sale price for the house of £120,000 on 28 Aug 2008. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£120,000 | 28 Aug 2008 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 August 2008 the House Price Index for SHROPSHIRE was 88.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 69.526%.Applying this 69.526% change to the original purchase price of £120,000 results in an estimated price of approximately £203,430.
28 Aug 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.3 | 149.7 | 69.526 % | £120,000 | £83,430 | £203,430 |
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 | 28.807 % | £34,568 | £154,568 |
3 Month Average | 29.903 % | £35,883 | £155,883 |
6 Month Average | 32.319 % | £38,782 | £158,782 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £183,000 | £183,000 | 9 STRICKLAND |
30 Jun 2023 | £178,579 | £175,000 | 11 STERSACRE |
6 Jan 2023 | £165,442 | £165,000 | 41 BAINBRIDGE GREEN |
31 Oct 2022 | £186,377 | £187,000 | 50 LITTLE HARLESCOTT LANE |
29 Jul 2022 | £171,721 | £170,000 | 45 GLOUCESTER ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 9 Apr 2019. Using an estimated price of £203,431 means this house is valued at £2,542 per sq meter (£236 per sq foot).
The average size of a house on GLOUCESTER ROAD is 98 sq meters (1,062 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (861 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Gloucester Road |
Jul 2024 | Criminal damage and arson | Awaiting court outcome | On or near Gloucester Road |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gloucester Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Road |
May 2024 | Public order | Unable to prosecute suspect | On or near Gloucester Road |