£179,116
This estimated value is based upon the latest sale price for the house of £115,000 on 20 May 2014. This value is then adjusted by the current Official House Price Index for SOUTH YORKSHIRE 1
There has been one burglary within the last year on or near Silver Mill Road
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| Price Paid | Date |
|---|---|
| £115,000 | 20 May 2014 |
| £37,500 | 12 Dec 2000 |
| Terraced |
| Leasehold |
| Floor Area: 93 sq meters or 1,001 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOUTH YORKSHIRE to estimate the market value.
When this house was purchased in May 2014 the House Price Index for SOUTH YORKSHIRE was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £115,000 results in an estimated price of approximately £179,116.
| 20 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £115,000 | £64,116 | £179,116 |
The Postcode Pricing Model uses changes in average sales price within the S2 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 | 37.646 % | £43,293 | £158,293 |
| 3 Month Average | 51.748 % | £59,509 | £174,509 |
| 6 Month Average | 64.669 % | £74,369 | £189,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £280,624 | £275,000 | 482 SHOREHAM STREET |
| 14 Feb 2023 | £166,110 | £165,000 | 238 LANCING ROAD |
| 5 Jan 2023 | £153,410 | £153,000 | 245 LANCING ROAD |
| 19 Aug 2022 | £205,963 | £205,000 | 478 SHOREHAM STREET |
| 29 Jul 2022 | £168,690 | £167,000 | 262 LANCING ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 24 Jul 2014. Using an estimated price of £179,116 means this house is valued at £1,925 per sq meter (£178 per sq foot).
The average size of a house on SHOREHAM STREET is 112 sq meters (1,213 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Unable to prosecute suspect | On or near Silver Mill Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Silver Mill Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Silver Mill Road |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Silver Mill Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Silver Mill Road |