£186,621
This estimated value is based upon the latest sale price for the house of £40,000 on 9 Oct 1998. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £40,000 | 9 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 573 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 October 1998 the House Price Index for SHROPSHIRE was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £40,000 results in an estimated price of approximately £186,621.
| 9 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.555 % | £40,000 | £146,621 | £186,621 |
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 | 305.735 % | £122,293 | £162,293 |
| 3 Month Average | 322.587 % | £129,034 | £169,034 |
| 6 Month Average | 331.320 % | £132,528 | £172,528 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £219,997 | £215,000 | 29 SEVERN STREET |
| 19 Sep 2023 | £306,762 | £300,000 | 6 WEST STREET |
| 23 Jun 2023 | £198,988 | £195,000 | 3 CANAL SIDE NEW PARK ROAD |
| 1 Mar 2023 | £180,515 | £177,500 | 39 BENYON STREET |
| 5 Aug 2022 | £281,315 | £280,000 | 33 BENYON STREET |
This house has a floor area of 53 sq meters or 573 sq feet when measured on 19 Jan 2009. Using an estimated price of £186,622 means this house is valued at £3,500 per sq meter (£325 per sq foot).
The average size of a house on NORTH STREET is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Benyon Street |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Benyon Street |
| Oct 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Oct 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |