£187,927
This estimated value is based upon the latest sale price for the house of £80,000 on 24 Oct 2003. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£80,000 | 24 Oct 2003 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 2003 the House Price Index for SHROPSHIRE was 44.4.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 134.910%.Applying this 134.910% change to the original purchase price of £80,000 results in an estimated price of approximately £187,927.
24 Oct 2003 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.4 | 104.3 | 134.910 % | £80,000 | £107,927 | £187,927 |
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 | 54.318 % | £43,454 | £123,454 |
3 Month Average | 100.903 % | £80,722 | £160,722 |
6 Month Average | 106.049 % | £84,839 | £164,839 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2024 | £190,856 | £185,000 | 2 FITZALAN ROAD |
28 Oct 2024 | £114,615 | £110,000 | 30 YORK ROAD |
10 Oct 2024 | £142,748 | £137,000 | 45 FITZALAN ROAD |
20 Mar 2024 | £208,173 | £195,000 | 23 DUTTON GREEN |
15 Mar 2024 | £304,253 | £285,000 | GLOVER DENTAL SUPPLIES LTD LANCASTER ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 7 Apr 2014. Using an estimated price of £187,928 means this house is valued at £2,610 per sq meter (£242 per sq foot).
The average size of a house on YORK ROAD is 84 sq meters (905 sq feet).