£196,721
This estimated value is based upon the latest sale price for the house of £193,000 on 1 Dec 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £193,000 | 1 Dec 2023 |
| £138,000 | 20 Apr 2018 |
| £99,500 | 12 Dec 2003 |
| £58,000 | 9 Feb 2001 |
| £39,000 | 10 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2023 the House Price Index for SHROPSHIRE was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £193,000 results in an estimated price of approximately £196,721.
| 1 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.2 | 148.0 | 1.928 % | £193,000 | £3,721 | £196,721 |
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 | 5.130 % | £9,901 | £202,901 |
| 3 Month Average | -16.191 % | £-31,248 | £161,751 |
| 6 Month Average | -7.230 % | £-13,953 | £179,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £193,664 | £190,000 | 4 ALBAFONT TERRACE |
| 1 Dec 2023 | £196,722 | £193,000 | 41 SEVERN STREET |
| 22 Nov 2023 | £248,186 | £245,000 | 8 SEVERN STREET |
| 31 Jul 2023 | £289,236 | £286,500 | 15 ALBERT STREET |
| 27 Jul 2023 | £318,008 | £315,000 | 33 ALBERT STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 9 Nov 2017. Using an estimated price of £196,722 means this house is valued at £2,770 per sq meter (£257 per sq foot).
The average size of a house on SEVERN STREET is 71 sq meters (772 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Severn Street | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Severn Street |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Severn Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albert Street |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Albert Street |