£159,556
This estimated value is based upon the latest sale price for the house of £138,000 on 2 Dec 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £138,000 | 2 Dec 2020 |
| £59,900 | 2 Jul 1999 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 December 2020 the House Price Index for SHROPSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £138,000 results in an estimated price of approximately £159,556.
| 2 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £138,000 | £21,556 | £159,556 |
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 | -5.944 % | £-8,203 | £129,796 |
| 3 Month Average | 10.629 % | £14,668 | £152,668 |
| 6 Month Average | 13.674 % | £18,869 | £156,869 |
| 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 71 sq meters or 764 sq feet when measured on 21 May 2012. Using an estimated price of £159,557 means this house is valued at £2,247 per sq meter (£208 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 |