£201,935
This estimated value is based upon the latest sale price for the house of £196,000 on 22 Jan 2024. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£196,000 | 22 Jan 2024 |
£67,500 | 3 Jul 2000 |
£51,000 | 30 Aug 1996 |
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 2024 the House Price Index for SHROPSHIRE was 145.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.028%.Applying this 3.028% change to the original purchase price of £196,000 results in an estimated price of approximately £201,935.
22 Jan 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.3 | 149.7 | 3.028 % | £196,000 | £5,935 | £201,935 |
The Postcode Pricing Model uses changes in average sales price within the TF1 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 | -7.704 % | £-15,099 | £180,900 |
3 Month Average | 5.575 % | £10,926 | £206,926 |
6 Month Average | 10.650 % | £20,874 | £216,874 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2023 | £381,369 | £375,000 | 14 GATEHOUSE CLOSE |
28 Feb 2023 | £329,199 | £327,000 | 27 APLEY CASTLE |
27 Feb 2023 | £231,547 | £230,000 | 50 APLEY CASTLE |
3 Nov 2021 | £421,644 | £387,000 | 1 GOSHAWK DRIVE |
29 Sep 2021 | £249,681 | £230,000 | 7 ICE HOUSE CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Ice House Close | |
Jul 2024 | Anti-social behaviour | On or near Ice House Close | |
Jul 2024 | Anti-social behaviour | On or near Ice House Close | |
Jul 2024 | Anti-social behaviour | On or near Ice House Close | |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Gatehouse Close |