£149,665
This estimated value is based upon the latest sale price for the house of £122,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £122,000 | 6 Dec 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 December 2019 the House Price Index for SHROPSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £122,000 results in an estimated price of approximately £149,665.
| 6 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £122,000 | £27,665 | £149,665 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 5.873 % | £7,164 | £129,164 |
| 3 Month Average | 4.637 % | £5,657 | £127,657 |
| 6 Month Average | 12.883 % | £15,717 | £137,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £185,241 | £182,000 | 1 FRIARS CLOSE |
| 14 Dec 2023 | £183,205 | £180,000 | 11 MEADOW CLOSE |
| 7 Dec 2023 | £249,363 | £245,000 | 32 WHITEFRIARS |
| 1 Dec 2023 | £230,025 | £226,000 | 30 WHITEFRIARS |
| 16 Nov 2023 | £187,780 | £185,000 | 3 FRIARS CLOSE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 1 Jun 2020. Using an estimated price of £149,665 means this house is valued at £2,721 per sq meter (£252 per sq foot).
The average size of a house on FRIARS CLOSE is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chaucer Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chaucer Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Chaucer Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Chaucer Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chaucer Road |