£283,987
This estimated value is based upon the latest sale price for the house of £224,950 on 9 Mar 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£224,950 | 9 Mar 2018 |
£214,950 | 7 Sep 2016 |
Detached |
Freehold |
Floor Area: 107 sq meters or 1,151 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 March 2018 the House Price Index for SHROPSHIRE was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £224,950 results in an estimated price of approximately £283,987.
9 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £224,950 | £59,037 | £283,987 |
The Postcode Pricing Model uses changes in average sales price within the SY13 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 | 16.259 % | £36,574 | £261,524 |
3 Month Average | -7.695 % | £-17,309 | £207,640 |
6 Month Average | 21.199 % | £47,687 | £272,637 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Mar 2024 | £253,901 | £250,000 | 24 BELTON ROAD |
6 Sep 2023 | £263,816 | £258,000 | 20 BELTON ROAD |
24 Feb 2023 | £231,547 | £230,000 | 224 WREXHAM ROAD |
26 May 2022 | £246,420 | £240,000 | 9 BATHFIELDS CRESCENT |
25 Feb 2022 | £159,525 | £151,000 | 38 BELTON ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 22 Jul 2016. Using an estimated price of £283,987 means this house is valued at £2,654 per sq meter (£246 per sq foot).
The average size of a house on MANOR CLOSE is 119 sq meters (1,289 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Thompson Drive |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Thompson Drive |