£552,989
This estimated value is based upon the latest sale price for the house of £550,000 on 15 Mar 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £550,000 | 15 Mar 2023 |
| £382,000 | 10 Apr 2017 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 March 2023 the House Price Index for SHROPSHIRE was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £550,000 results in an estimated price of approximately £552,989.
| 15 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.0 | 0.543 % | £550,000 | £2,989 | £552,989 |
The Postcode Pricing Model uses changes in average sales price within the TF13 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 | -33.885 % | £-186,366 | £363,633 |
| 3 Month Average | -43.139 % | £-237,262 | £312,737 |
| 6 Month Average | -6.250 % | £-34,376 | £515,623 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £287,438 | £282,000 | 3 QUEEN STREET |
| 8 Nov 2023 | £334,292 | £330,000 | 7 SMITHFIELD ROAD |
| 17 Aug 2023 | £482,886 | £479,950 | THE STABLES KING STREET |
| 7 Jul 2023 | £509,823 | £505,000 | 2 QUEENS COURT BARNS QUEEN STREET |
| 26 Jun 2023 | £1,058,583 | £1,050,000 | CHERRY TREE HOUSE, 1 BACK LANE |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 21 Nov 2016. Using an estimated price of £552,989 means this house is valued at £4,126 per sq meter (£383 per sq foot).
The average size of a house on KING STREET is 141 sq meters (1,517 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Kingswood Close | |
| Feb 2024 | Anti-social behaviour | On or near Kingswood Close | |
| Feb 2024 | Anti-social behaviour | On or near Kingswood Close | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near King Street |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |