£113,044
This estimated value is based upon the latest sale price for the house of £92,000 on 7 Jan 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£92,000 | 7 Jan 2020 |
Terraced |
Freehold |
Floor Area: 49 sq meters or 527 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 January 2020 the House Price Index for SHROPSHIRE was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £92,000 results in an estimated price of approximately £113,044.
7 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 149.7 | 22.874 % | £92,000 | £21,044 | £113,044 |
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 | 11.934 % | £10,978 | £102,978 |
3 Month Average | 18.788 % | £17,284 | £109,284 |
6 Month Average | 26.093 % | £24,005 | £116,005 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £171,863 | £167,500 | 49 UPPER BROOK STREET |
2 Oct 2023 | £148,370 | £145,000 | 5 SCHOOL VIEW |
20 Sep 2023 | £71,067 | £69,500 | 33 ABRAHAM COURT LUTTON CLOSE |
8 Sep 2023 | £57,262 | £56,000 | 22 ABRAHAM COURT LUTTON CLOSE |
21 Apr 2023 | £326,099 | £320,000 | 15 JEMMETT CLOSE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 28 Oct 2019. Using an estimated price of £113,044 means this house is valued at £2,307 per sq meter (£214 per sq foot).
There is one other house on the street which we know the size of, this is 3 SCHOOL VIEW it is 49.4
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jemmett Close |
Jul 2024 | Burglary | Under investigation | On or near Upper Brook Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Oswalds Close |
Jun 2024 | Other theft | Under investigation | On or near Oswalds Close |
Jul 2024 | Anti-social behaviour | On or near Beresford Gardens |