£220,095
This estimated value is based upon the latest sale price for the house of £39,000 on 15 Mar 1996. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £39,000 | 15 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 935 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 March 1996 the House Price Index for SHROPSHIRE was 26.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 464.349%.Applying this 464.349% change to the original purchase price of £39,000 results in an estimated price of approximately £220,095.
| 15 Mar 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 148.6 | 464.349 % | £39,000 | £181,095 | £220,095 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 341.227 % | £133,078 | £172,078 |
| 3 Month Average | 313.287 % | £122,181 | £161,181 |
| 6 Month Average | 333.056 % | £129,891 | £168,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £150,224 | £148,000 | 8 PARK AVENUE |
| 29 Aug 2023 | £161,412 | £160,000 | 115 WILLOW STREET |
| 25 Aug 2023 | £181,589 | £180,000 | 27 PARK AVENUE |
| 31 Jul 2023 | £248,342 | £245,000 | 42 PARK AVENUE |
| 26 Jul 2023 | £171,812 | £169,500 | 121 WILLOW STREET |
This house has a floor area of 86 sq meters or 935 sq feet when measured on 3 Dec 2010. Using an estimated price of £220,096 means this house is valued at £2,531 per sq meter (£235 per sq foot).
The average size of a house on PARK AVENUE is 101 sq meters (1,092 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lizbeth Close |
| Feb 2024 | Possession of weapons | Under investigation | On or near Lizbeth Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Oak Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Oak Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Holbache Court |