£188,985
This estimated value is based upon the latest sale price for the house of £147,500 on 26 Jun 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £147,500 | 26 Jun 2017 |
| £28,500 | 1 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 49 sq meters or 527 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 June 2017 the House Price Index for SHROPSHIRE was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £147,500 results in an estimated price of approximately £188,985.
| 26 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £147,500 | £41,485 | £188,985 |
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 | -6.437 % | £-9,494 | £138,005 |
| 3 Month Average | 15.720 % | £23,186 | £170,686 |
| 6 Month Average | 17.067 % | £25,173 | £172,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £342,520 | £338,141 | 5 CLAREMONT BANK |
| 22 Aug 2023 | £699,116 | £693,000 | 3 CLAREMONT BANK |
| 9 Aug 2023 | £938,208 | £930,000 | 14 CLAREMONT HILL |
| 14 Jul 2023 | £415,695 | £410,100 | TELFORD HOUSE, 1 CLAREMONT BANK |
| 17 Feb 2023 | £401,730 | £402,000 | EIGHT STEPS CLAREMONT PLACE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 3 Mar 2016. Using an estimated price of £188,985 means this house is valued at £3,856 per sq meter (£358 per sq foot).
The average size of a house on CLAREMONT BANK is 273 sq meters (2,946 sq feet).
This house is the smallest in the street with a floor area of 49 sq meters (527 sq feet).