£400,266
This estimated value is based upon the latest sale price for the house of £278,000 on 28 Aug 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£278,000 | 28 Aug 2015 |
£191,000 | 7 Mar 2012 |
Detached |
Freehold |
Floor Area: 129 sq meters or 1,388 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 August 2015 the House Price Index for SHROPSHIRE was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £278,000 results in an estimated price of approximately £400,266.
28 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 149.7 | 43.981 % | £278,000 | £122,266 | £400,266 |
The Postcode Pricing Model uses changes in average sales price within the SY3 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 | 58.731 % | £163,271 | £441,271 |
3 Month Average | 33.022 % | £91,799 | £369,799 |
6 Month Average | 46.322 % | £128,773 | £406,773 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jun 2024 | £390,000 | £390,000 | 57 LONGDEN ROAD |
5 Jun 2024 | £385,000 | £385,000 | 84 PRIORY RIDGE |
26 Mar 2024 | £286,908 | £282,500 | 128 LONGDEN ROAD |
18 Dec 2023 | £428,156 | £415,000 | 16 PRIORY RIDGE |
8 Sep 2023 | £311,875 | £305,000 | 18 MEOLE WALK |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 13 Jan 2015. Using an estimated price of £400,266 means this house is valued at £3,102 per sq meter (£288 per sq foot).
The average size of a house on PRIORY RIDGE is 108 sq meters (1,163 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Longden Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Roman Road |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Roman Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Bank Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Bank Drive |