£215,092
This estimated value is based upon the latest sale price for the house of £42,000 on 12 Jun 1997. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £42,000 | 12 Jun 1997 |
| 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 June 1997 the House Price Index for SHROPSHIRE was 29.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 412.126%.Applying this 412.126% change to the original purchase price of £42,000 results in an estimated price of approximately £215,092.
| 12 Jun 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 148.6 | 412.126 % | £42,000 | £173,092 | £215,092 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 343.731 % | £144,367 | £186,367 |
| 3 Month Average | 238.087 % | £99,996 | £141,996 |
| 6 Month Average | 280.966 % | £118,005 | £160,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £192,957 | £190,100 | 6 CROSSWAY |
| 3 Nov 2023 | £380,635 | £375,000 | 23 PHOENIX RISE |
| 29 Sep 2023 | £172,202 | £170,000 | 16 |
| 9 Jun 2023 | £556,744 | £550,000 | GLENWOOD KNIGHTON ROAD |
| 24 Feb 2023 | £219,852 | £220,000 | 6 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Phoenix Rise |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Phoenix Rise |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Phoenix Rise |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Railway Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |