£587,410
This estimated value is based upon the latest sale price for the house of £572,500 on 7 Nov 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£572,500 | 7 Nov 2023 |
£395,000 | 17 Jul 2019 |
£320,000 | 4 Jun 2007 |
Detached |
Freehold |
Floor Area: 154 sq meters or 1,657 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 November 2023 the House Price Index for SHROPSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £572,500 results in an estimated price of approximately £587,410.
7 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £572,500 | £14,910 | £587,410 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | -10.483 % | £-60,014 | £512,485 |
3 Month Average | -7.878 % | £-45,100 | £527,399 |
6 Month Average | -6.813 % | £-39,006 | £533,493 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Jul 2024 | £280,000 | £280,000 | 25 CLEVELAND STREET |
9 Apr 2024 | £353,066 | £350,000 | 38 ASHLEY STREET |
30 Nov 2023 | £287,293 | £280,000 | 14 CLEVELAND STREET |
7 Nov 2023 | £587,411 | £572,500 | 46 UNDERDALE ROAD |
8 Sep 2023 | £291,424 | £285,000 | 12 CLEVELAND STREET |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 25 Feb 2019. Using an estimated price of £587,411 means this house is valued at £3,814 per sq meter (£354 per sq foot).
The average size of a house on UNDERDALE ROAD is 147 sq meters (1,582 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Underdale Road |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cleveland Street |
Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Cleveland Street |
Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Tankerville Street |
Sep 2024 | Anti-social behaviour | On or near Tankerville Street |