£515,645
This estimated value is based upon the latest sale price for the house of £475,000 on 2 Sep 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £475,000 | 2 Sep 2021 |
| £360,000 | 30 Nov 2016 |
| £286,040 | 5 May 2015 |
| £263,000 | 15 Nov 2006 |
| £281,000 | 8 Jul 2003 |
| £164,250 | 25 Jan 2002 |
| £40,000 | 30 Jan 1998 |
| Terraced |
| Freehold |
| Floor Area: 185 sq meters or 1,991 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 2021 the House Price Index for SHROPSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £475,000 results in an estimated price of approximately £515,645.
| 2 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £475,000 | £40,645 | £515,645 |
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 | 22.135 % | £105,143 | £580,143 |
| 3 Month Average | 4.020 % | £19,096 | £494,096 |
| 6 Month Average | -2.840 % | £-13,489 | £461,510 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2024 | £195,000 | £195,000 | FLAT 12 THE MONKLANDS, 159 ABBEY FOREGATE |
| 15 Apr 2024 | £118,529 | £117,500 | 15 BELGRAVIA COURT ABBEY FOREGATE |
| 6 Oct 2023 | £127,905 | £125,000 | 33 BELGRAVIA COURT ABBEY FOREGATE |
| 5 Apr 2023 | £122,287 | £120,000 | FLAT 8 WHITEHALL MEWS MONKMOOR ROAD |
| 17 Mar 2023 | £132,208 | £130,000 | 24 BELGRAVIA COURT ABBEY FOREGATE |
This house has a floor area of 185 sq meters or 1,991 sq feet when measured on 3 Jun 2020. Using an estimated price of £515,645 means this house is valued at £2,787 per sq meter (£258 per sq foot).
The average size of a house on ABBEY FOREGATE is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Bicycle theft | Under investigation | On or near Abbey Foregate |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Abbey Foregate |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Abbey Foregate |
| Oct 2024 | Anti-social behaviour | On or near Newhall Gardens | |
| Oct 2024 | Anti-social behaviour | On or near Newhall Gardens |