£427,633
This estimated value is based upon the latest sale price for the house of £350,000 on 3 Dec 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 3 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 December 2019 the House Price Index for SHROPSHIRE was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £350,000 results in an estimated price of approximately £427,633.
| 3 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £350,000 | £77,633 | £427,633 |
The Postcode Pricing Model uses changes in average sales price within the SY3 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 | 20.373 % | £71,304 | £421,304 |
| 3 Month Average | 27.815 % | £97,351 | £447,351 |
| 6 Month Average | 25.162 % | £88,066 | £438,066 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £322,616 | £320,000 | 9 TANNERSDALE |
| 23 Jun 2023 | £291,362 | £289,000 | 48 DRAPERS RISE |
| 9 Jun 2023 | £282,289 | £280,000 | 3 CHANTRY PLACE |
| 9 Jun 2023 | £241,957 | £239,995 | 16 CHANTRY PLACE |
| 11 May 2022 | £270,014 | £266,000 | 5 CHANTRY PLACE |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 21 Jun 2019. Using an estimated price of £427,634 means this house is valued at £2,969 per sq meter (£275 per sq foot).
The average size of a house on DRAPERS RISE is 125 sq meters (1,348 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chantry Place |
| Apr 2024 | Other theft | Under investigation | On or near Chantry Place |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chantry Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chantry Place |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Tannersdale |