£234,219
This estimated value is based upon the latest sale price for the house of £94,000 on 10 Jan 2003. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £94,000 | 10 Jan 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 January 2003 the House Price Index for SHROPSHIRE was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £94,000 results in an estimated price of approximately £234,219.
| 10 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 149.7 | 149.169 % | £94,000 | £140,219 | £234,219 |
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 | 153.536 % | £144,323 | £238,323 |
| 3 Month Average | 146.776 % | £137,969 | £231,969 |
| 6 Month Average | 152.570 % | £143,415 | £237,415 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2024 | £178,000 | £178,000 | 34 BLACKFRIARS |
| 1 Mar 2024 | £177,731 | £175,000 | 23 GREYFRIARS |
| 30 Oct 2023 | £183,672 | £179,500 | 6 CABIN LANE |
| 20 Oct 2023 | £230,229 | £225,000 | 36 CABIN LANE |
| 24 Mar 2023 | £195,261 | £192,000 | 31 BLACKFRIARS |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 27 Jan 2020. Using an estimated price of £234,219 means this house is valued at £2,518 per sq meter (£233 per sq foot).
The average size of a house on CABIN LANE is 75 sq meters (813 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Middleton Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Llys Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Llys Close |