£148,760
This estimated value is based upon the latest sale price for the house of £120,000 on 23 Aug 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 23 Aug 2019 |
| £15,000 | 19 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 August 2019 the House Price Index for SHROPSHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £120,000 results in an estimated price of approximately £148,760.
| 23 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £120,000 | £28,760 | £148,760 |
The Postcode Pricing Model uses changes in average sales price within the TF12 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 | 21.151 % | £25,381 | £145,381 |
| 3 Month Average | 73.925 % | £88,710 | £208,710 |
| 6 Month Average | 25.188 % | £30,225 | £150,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £117,592 | £115,000 | 1 THE BUNGALOWS |
| 17 Mar 2023 | £320,350 | £315,000 | 1 DUKE STREET |
| 27 Jan 2023 | £220,589 | £220,000 | 7 CUMBERLAND MEWS |
| 7 Sep 2022 | £9,993 | £10,000 | 24 PADMANS ALLEY |
| 21 Jul 2022 | £186,872 | £185,000 | 1 BARRATTS HILL |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 20 Aug 2019. Using an estimated price of £148,761 means this house is valued at £2,564 per sq meter (£238 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Barratt'S Hill |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Barratt'S Hill |
| Jun 2024 | Anti-social behaviour | On or near Padmans Alley | |
| Jun 2024 | Anti-social behaviour | On or near Padmans Alley | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Jackson Avenue |