£91,470
This estimated value is based upon the latest sale price for the house of £73,500 on 16 Jan 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£73,500 | 16 Jan 2019 |
£51,000 | 9 Feb 2012 |
Terraced |
Freehold |
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 January 2019 the House Price Index for SHROPSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £73,500 results in an estimated price of approximately £91,470.
16 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £73,500 | £17,970 | £91,470 |
The Postcode Pricing Model uses changes in average sales price within the SY4 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 | 129.709 % | £95,335 | £168,835 |
3 Month Average | 19.703 % | £14,481 | £87,981 |
6 Month Average | 23.649 % | £17,381 | £90,881 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £299,603 | £295,000 | 8 DRAWWELL LANE |
22 Sep 2023 | £168,719 | £165,000 | 2 HOMELEA HIGH STREET |
22 Jun 2023 | £274,246 | £268,750 | 23 CHAPEL STREET |
2 Feb 2023 | £322,152 | £320,000 | 12 DRAWWELL LANE |
2 Aug 2022 | £55,821 | £55,560 | 48 HIGH STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Bicycle theft | Under investigation | On or near Chapel Street |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chapel Street |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Street |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leek Street |
Oct 2024 | Burglary | Under investigation | On or near Parking Area |