£271,215
This estimated value is based upon the latest sale price for the house of £229,500 on 22 Oct 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£229,500 | 22 Oct 2020 |
£57,500 | 17 Oct 1996 |
Semi-Detached |
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 October 2020 the House Price Index for SHROPSHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £229,500 results in an estimated price of approximately £271,215.
22 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £229,500 | £41,715 | £271,215 |
The Postcode Pricing Model uses changes in average sales price within the TF11 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 | 48.028 % | £110,224 | £339,724 |
3 Month Average | 3.556 % | £8,160 | £237,660 |
6 Month Average | 7.284 % | £16,716 | £246,216 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 May 2024 | £241,000 | £241,000 | 4 CORNMILL GARDENS |
7 May 2024 | £289,950 | £289,950 | 16 VICTORIA ROAD |
20 Dec 2023 | £221,816 | £215,000 | 28 INNAGE ROAD |
8 Dec 2023 | £593,229 | £575,000 | 2 THE RUSSELLS |
2 Nov 2023 | £475,059 | £463,000 | 6 CHURCH MEADOW |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 26 Feb 2015. Using an estimated price of £271,215 means this house is valued at £3,348 per sq meter (£311 per sq foot).
The average size of a house on VICTORIA ROAD is 143 sq meters (1,539 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
Jul 2024 | Anti-social behaviour | On or near Victoria Road | |
May 2024 | Anti-social behaviour | On or near Victoria Road | |
May 2024 | Criminal damage and arson | Under investigation | On or near Victoria Road |
May 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |