£130,795
This estimated value is based upon the latest sale price for the house of £128,000 on 9 Jun 2022. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £128,000 | 9 Jun 2022 |
| £113,000 | 8 Apr 2014 |
| Terraced |
| Freehold |
| Floor Area: 38 sq meters or 409 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 June 2022 the House Price Index for SHROPSHIRE was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £128,000 results in an estimated price of approximately £130,795.
| 9 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £128,000 | £2,795 | £130,795 |
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 | 19.940 % | £25,523 | £153,523 |
| 3 Month Average | 15.744 % | £20,152 | £148,152 |
| 6 Month Average | 12.135 % | £15,532 | £143,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £198,988 | £195,000 | 3 CANAL SIDE NEW PARK ROAD |
| 11 Apr 2023 | £152,859 | £150,000 | 83 NEW PARK ROAD |
| 6 Mar 2023 | £206,448 | £203,000 | 62 ST MICHAELS GATE |
| 17 Feb 2023 | £254,701 | £253,000 | 75 ST MICHAELS GATE |
| 31 Jan 2023 | £180,482 | £180,000 | 123 NEW PARK ROAD |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 2 Oct 2017. Using an estimated price of £130,796 means this house is valued at £3,442 per sq meter (£319 per sq foot).
The average size of a house on NEW PARK ROAD is 75 sq meters (815 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Parking Area | |
| Oct 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Aug 2024 | Shoplifting | Awaiting court outcome | On or near Parking Area |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |