£184,820
This estimated value is based upon the latest sale price for the house of £72,000 on 20 Nov 2002. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £72,000 | 20 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 49 sq meters or 536 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 2002 the House Price Index for SHROPSHIRE was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £72,000 results in an estimated price of approximately £184,820.
| 20 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £72,000 | £112,820 | £184,820 |
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 | 45.165 % | £32,518 | £104,518 |
| 3 Month Average | 120.768 % | £86,953 | £158,953 |
| 6 Month Average | 142.097 % | £102,309 | £174,309 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £185,370 | £183,000 | 55 NEW PARK STREET |
| 4 Aug 2023 | £243,127 | £241,000 | 70 NORTH STREET |
| 21 Jul 2023 | £179,922 | £177,500 | 52 NEW PARK STREET |
| 31 Mar 2023 | £238,245 | £236,000 | 18 BURTON STREET |
| 1 Feb 2023 | £165,389 | £165,500 | 71 NORTH STREET |
This house has a floor area of 49 sq meters or 536 sq feet when measured on 15 Feb 2012. Using an estimated price of £184,820 means this house is valued at £3,707 per sq meter (£344 per sq foot).
The average size of a house on NORTH STREET is 87 sq meters (946 sq feet).
This house is the smallest in the street with a floor area of 49 sq meters (536 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near North 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 | |
| Jan 2024 | Anti-social behaviour | On or near New Park Street | |
| Jan 2024 | Anti-social behaviour | On or near New Park Street |