£172,104
This estimated value is based upon the latest sale price for the house of £169,000 on 16 Aug 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £169,000 | 16 Aug 2023 |
| £112,500 | 7 Sep 2012 |
| £36,000 | 14 Apr 2000 |
| £30,500 | 5 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 2023 the House Price Index for SHROPSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £169,000 results in an estimated price of approximately £172,104.
| 16 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £169,000 | £3,104 | £172,104 |
The Postcode Pricing Model uses changes in average sales price within the SY8 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 | 6.275 % | £10,605 | £179,605 |
| 3 Month Average | -3.446 % | £-5,823 | £163,176 |
| 6 Month Average | 6.108 % | £10,322 | £179,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £306,972 | £300,000 | 23 NEW STREET |
| 16 Aug 2023 | £172,104 | £169,000 | 5 DODMORE LANE |
| 30 Jun 2023 | £255,112 | £250,000 | 18 DODMORE LANE |
| 27 Jan 2023 | £180,482 | £180,000 | 11 CHAPEL ROW |
| 26 Aug 2022 | £216,010 | £215,000 | 6 NEW STREET |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 27 Apr 2012. Using an estimated price of £172,104 means this house is valued at £3,187 per sq meter (£296 per sq foot).
The average size of a house on DODMORE LANE is 79 sq meters (853 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near New Street |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Dodmore Lane |
| Jun 2024 | Anti-social behaviour | On or near Dodmore Lane | |
| Jun 2024 | Anti-social behaviour | On or near Dodmore Lane | |
| Jun 2024 | Anti-social behaviour | On or near Dodmore Lane |