£286,975
This estimated value is based upon the latest sale price for the house of £229,000 on 19 Mar 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £229,000 | 19 Mar 2018 |
| £118,000 | 14 Feb 2017 |
| £140,000 | 1 Mar 2007 |
| £55,500 | 12 Jul 1999 |
| £39,000 | 19 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2018 the House Price Index for SHROPSHIRE was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £229,000 results in an estimated price of approximately £286,975.
| 19 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £229,000 | £57,975 | £286,975 |
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 | -34.174 % | £-78,258 | £150,741 |
| 3 Month Average | 3.388 % | £7,758 | £236,758 |
| 6 Month Average | 15.623 % | £35,777 | £264,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £258,303 | £255,000 | 9 BURTON STREET |
| 26 Jul 2023 | £278,752 | £275,000 | 53 QUEEN STREET |
| 21 Jul 2023 | £179,922 | £177,500 | 52 NEW PARK STREET |
| 25 Apr 2023 | £272,939 | £270,000 | 18 QUEEN STREET |
| 1 Feb 2023 | £165,389 | £165,500 | 71 NORTH STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 19 Jul 2017. Using an estimated price of £286,976 means this house is valued at £3,188 per sq meter (£296 per sq foot).
The average size of a house on QUEEN STREET is 89 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burton Street |
| Jan 2024 | Anti-social behaviour | On or near New Park Street | |
| Jan 2024 | Anti-social behaviour | On or near New Park Street | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Park Street |
| Jan 2024 | Anti-social behaviour | On or near New Park Street |