£275,950
This estimated value is based upon the latest sale price for the house of £225,000 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 29 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 November 2019 the House Price Index for SHROPSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £225,000 results in an estimated price of approximately £275,950.
| 29 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £225,000 | £50,950 | £275,950 |
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 | -33.885 % | £-76,241 | £148,758 |
| 3 Month Average | 10.131 % | £22,794 | £247,794 |
| 6 Month Average | 13.328 % | £29,988 | £254,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £303,885 | £300,000 | 6 WEST STREET |
| 1 Sep 2023 | £258,303 | £255,000 | 9 BURTON STREET |
| 4 Aug 2023 | £243,127 | £241,000 | 70 NORTH STREET |
| 26 Jul 2023 | £278,752 | £275,000 | 53 QUEEN STREET |
| 31 Mar 2023 | £238,245 | £236,000 | 18 BURTON STREET |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 31 May 2019. Using an estimated price of £275,950 means this house is valued at £1,768 per sq meter (£164 per sq foot).
The average size of a house on BURTON STREET is 115 sq meters (1,246 sq feet).
This house is the largest in the street with a floor area of 156 sq meters (1,679 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Local resolution | On or near West Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burton Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near North Street |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dorset Street |
| Feb 2024 | Anti-social behaviour | On or near Dorset Street |