£200,104
This estimated value is based upon the latest sale price for the house of £119,995 on 20 Dec 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 |
|---|---|
| £119,995 | 20 Dec 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2006 the House Price Index for SHROPSHIRE was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £119,995 results in an estimated price of approximately £200,104.
| 20 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 149.7 | 66.761 % | £119,995 | £80,109 | £200,104 |
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 | 41.014 % | £49,215 | £169,210 |
| 3 Month Average | 46.276 % | £55,528 | £175,523 |
| 6 Month Average | 49.197 % | £59,034 | £179,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £181,610 | £177,000 | 12 SANDFORD CLOSE |
| 27 Oct 2023 | £204,648 | £200,000 | 43 OLD HEATH |
| 18 Aug 2023 | £203,673 | £200,000 | 1 SANDFORD CLOSE |
| 30 Jun 2023 | £237,255 | £232,500 | MAVELE HEATHGATES |
| 15 Jun 2023 | £142,353 | £139,500 | 6 MOUNT PLEASANT ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 29 Jul 2021. Using an estimated price of £200,105 means this house is valued at £1,924 per sq meter (£178 per sq foot).
The average size of a house on OLD HEATH is 104 sq meters (1,127 sq feet).