£271,857
This estimated value is based upon the latest sale price for the house of £145,000 on 22 Apr 2005. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£145,000 | 22 Apr 2005 |
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 April 2005 the House Price Index for SHROPSHIRE was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £145,000 results in an estimated price of approximately £271,857.
22 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.488 % | £145,000 | £126,857 | £271,857 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | 59.535 % | £86,326 | £231,326 |
3 Month Average | 69.505 % | £100,782 | £245,782 |
6 Month Average | 58.633 % | £85,018 | £230,018 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £7,109,226 | £7,000,000 | BMW SUNDORNE INDUSTRIAL ESTATE ARLINGTON WAY |
15 Dec 2023 | £261,536 | £253,500 | 11 FEATHERBED LANE |
10 Nov 2023 | £247,277 | £241,000 | 12 DOUNTON CLOSE |
22 Aug 2023 | £208,765 | £205,000 | 9 DOUNTON CLOSE |
27 Apr 2023 | £198,717 | £195,000 | 16 FIELD CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
Sep 2024 | Anti-social behaviour | On or near Shopping Area | |
Jul 2024 | Anti-social behaviour | On or near Shopping Area | |
Jul 2024 | Anti-social behaviour | On or near Shopping Area | |
Jul 2024 | Anti-social behaviour | On or near Shopping Area |