£356,892
This estimated value is based upon the latest sale price for the house of £208,000 on 5 Feb 2010. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £208,000 | 5 Feb 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 965 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 February 2010 the House Price Index for SHROPSHIRE was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.583%.Applying this 71.583% change to the original purchase price of £208,000 results in an estimated price of approximately £356,892.
| 5 Feb 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.583 % | £208,000 | £148,892 | £356,892 |
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 | 78.437 % | £163,149 | £371,149 |
| 3 Month Average | 63.985 % | £133,088 | £341,088 |
| 6 Month Average | 58.393 % | £121,457 | £329,457 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £243,694 | £239,950 | 57 HEREFORD ROAD |
| 17 Feb 2023 | £254,701 | £253,000 | 55 MEOLE RISE |
| 8 Aug 2022 | £216,010 | £215,000 | 69 HEREFORD ROAD |
| 8 Jul 2022 | £353,543 | £350,000 | 12 UPPER ROAD |
| 17 Jun 2022 | £174,837 | £171,100 | 96 HEREFORD ROAD |
This house has a floor area of 89 sq meters or 965 sq feet when measured on 12 Oct 2009. Using an estimated price of £356,893 means this house is valued at £3,978 per sq meter (£369 per sq foot).
The average size of a house on MEOLE RISE is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Meole Rise |
| Aug 2024 | Anti-social behaviour | On or near Meole Rise | |
| Aug 2024 | Anti-social behaviour | On or near Meole Rise | |
| Aug 2024 | Anti-social behaviour | On or near Meole Rise | |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Meole Rise |