£224,178
This estimated value is based upon the latest sale price for the house of £48,000 on 13 Jul 1998. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£48,000 | 13 Jul 1998 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 July 1998 the House Price Index for SHROPSHIRE was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 367.038%.Applying this 367.038% change to the original purchase price of £48,000 results in an estimated price of approximately £224,178.
13 Jul 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.8 | 148.6 | 367.038 % | £48,000 | £176,178 | £224,178 |
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 | 182.223 % | £87,466 | £135,466 |
3 Month Average | 297.473 % | £142,787 | £190,787 |
6 Month Average | 330.724 % | £158,747 | £206,747 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £303,885 | £300,000 | 44 GREENFIELD STREET |
25 Jul 2023 | £253,411 | £250,000 | 31 HOTSPUR STREET |
7 Jul 2023 | £212,865 | £210,000 | 30 GREENFIELD STREET |
3 Jul 2023 | £223,001 | £220,000 | 10 HOTSPUR STREET |
20 Feb 2023 | £229,845 | £230,000 | 38 GREENFIELD STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 3 Aug 2020. Using an estimated price of £224,178 means this house is valued at £2,767 per sq meter (£257 per sq foot).
The average size of a house on HOTSPUR STREET is 95 sq meters (1,023 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenfield Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wood Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wood Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wood Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wood Street |