£198,553
This estimated value is based upon the latest sale price for the house of £68,950 on 24 Jun 2002. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£68,950 | 24 Jun 2002 |
Semi-Detached |
Freehold |
Floor Area: 53 sq meters or 570 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 2002 the House Price Index for SHROPSHIRE was 52.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 187.968%.Applying this 187.968% change to the original purchase price of £68,950 results in an estimated price of approximately £198,553.
24 Jun 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
52.0 | 149.7 | 187.968 % | £68,950 | £129,603 | £198,553 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 160.133 % | £110,411 | £179,361 |
3 Month Average | 185.104 % | £127,629 | £196,579 |
6 Month Average | 216.678 % | £149,399 | £218,349 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £211,499 | £205,000 | 44 WALFORD ROAD |
11 Oct 2023 | £176,509 | £172,500 | 51 MONKMOOR ROAD |
16 Jun 2023 | £278,073 | £272,500 | 8 MONKMOOR AVENUE |
13 Mar 2023 | £146,446 | £144,000 | 5 SHELF BANK COTTAGES |
3 Mar 2023 | £320,350 | £315,000 | 15 MONKMOOR ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 25 Mar 2014. Using an estimated price of £198,554 means this house is valued at £3,746 per sq meter (£348 per sq foot).
The average size of a house on MONKMOOR ROAD is 73 sq meters (787 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Monkmoor Close | |
Sep 2024 | Anti-social behaviour | On or near Monkmoor Close | |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Langland Road |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Langland Road |
Aug 2024 | Anti-social behaviour | On or near Malory Road |