£216,282
This estimated value is based upon the latest sale price for the house of £127,500 on 8 Sep 2006. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £127,500 | 8 Sep 2006 |
| £56,000 | 24 Nov 2003 |
| 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 September 2006 the House Price Index for SHROPSHIRE was 87.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.633%.Applying this 69.633% change to the original purchase price of £127,500 results in an estimated price of approximately £216,282.
| 8 Sep 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.0 | 69.633 % | £127,500 | £88,782 | £216,282 |
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 | 42.804 % | £54,574 | £182,074 |
| 3 Month Average | 31.004 % | £39,529 | £167,029 |
| 6 Month Average | 46.985 % | £59,905 | £187,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £179,302 | £177,000 | 12 SANDFORD CLOSE |
| 18 Aug 2023 | £201,224 | £200,000 | 1 SANDFORD CLOSE |
| 14 Jul 2023 | £232,196 | £230,000 | 14 SUNDORNE ROAD |
| 15 Jun 2023 | £140,640 | £139,500 | 6 MOUNT PLEASANT ROAD |
| 13 Feb 2023 | £301,076 | £302,500 | NABWOOD HEATHGATES |