£248,985
This estimated value is based upon the latest sale price for the house of £195,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 29 Sep 2017 |
| £142,500 | 12 Aug 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 779 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 September 2017 the House Price Index for SHROPSHIRE was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £195,000 results in an estimated price of approximately £248,985.
| 29 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £195,000 | £53,985 | £248,985 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 24.850 % | £48,456 | £243,456 |
| 3 Month Average | 14.951 % | £29,155 | £224,155 |
| 6 Month Average | 21.760 % | £42,431 | £237,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £247,609 | £240,000 | 44 TUDOR ROAD |
| 12 Dec 2023 | £153,208 | £148,500 | 99 SUTTON ROAD |
| 29 Nov 2023 | £261,642 | £255,000 | 91 TUDOR ROAD |
| 3 Nov 2023 | £507,892 | £495,000 | 68 SUTTON ROAD |
| 28 Apr 2023 | £219,098 | £215,000 | 12 SUNNYBANK ROAD |
This house has a floor area of 72 sq meters or 779 sq feet when measured on 2 Jul 2010. Using an estimated price of £248,985 means this house is valued at £3,439 per sq meter (£319 per sq foot).
The average size of a house on TUDOR ROAD is 88 sq meters (950 sq feet).