£275,564
This estimated value is based upon the latest sale price for the house of £48,592 on 5 May 1995. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£48,592 | 5 May 1995 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 1995 the House Price Index for SHROPSHIRE was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.098%.Applying this 467.098% change to the original purchase price of £48,592 results in an estimated price of approximately £275,564.
5 May 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 149.7 | 467.098 % | £48,592 | £226,972 | £275,564 |
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 | 423.300 % | £205,689 | £254,281 |
3 Month Average | 347.667 % | £168,938 | £217,530 |
6 Month Average | 335.402 % | £162,978 | £211,570 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £141,226 | £140,000 | ASHFIELD VICTORIA COURT |
18 Dec 2023 | £164,041 | £159,000 | 120 SHREWSBURY ROAD |
18 Dec 2023 | £177,453 | £172,000 | 16 VICTORIA ROAD |
1 Dec 2023 | £140,311 | £136,000 | 9 VICTORIA ROAD |
29 Sep 2023 | £148,268 | £145,000 | 7 GOOSEFIELD CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 3 Mar 2014. Using an estimated price of £275,564 means this house is valued at £3,827 per sq meter (£355 per sq foot).
The average size of a house on VICTORIA ROAD is 97 sq meters (1,052 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Victoria Road |
Jun 2024 | Anti-social behaviour | On or near Victoria Road | |
Jun 2024 | Anti-social behaviour | On or near Victoria Road | |
Jun 2024 | Anti-social behaviour | On or near Victoria Road | |
Jun 2024 | Anti-social behaviour | On or near Victoria Road |