£113,507
This estimated value is based upon the latest sale price for the house of £103,000 on 15 Oct 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £103,000 | 15 Oct 2021 |
| £115,000 | 9 Feb 2018 |
| £133,950 | 3 Aug 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 2021 the House Price Index for SHROPSHIRE was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £103,000 results in an estimated price of approximately £113,507.
| 15 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £103,000 | £10,507 | £113,507 |
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 | 27.872 % | £28,707 | £131,707 |
| 3 Month Average | 7.472 % | £7,695 | £110,695 |
| 6 Month Average | -2.224 % | £-2,290 | £100,709 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £169,678 | £167,500 | 49 UPPER BROOK STREET |
| 29 Aug 2023 | £291,774 | £290,000 | 6 LUTTON CLOSE |
| 12 Jul 2023 | £126,194 | £125,000 | 39 UPPER BROOK STREET |
| 13 Apr 2023 | £142,056 | £141,000 | 3 SCHOOL VIEW |
| 15 Jul 2022 | £124,831 | £125,000 | 17 ABRAHAM COURT LUTTON CLOSE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 17 May 2017. Using an estimated price of £113,507 means this house is valued at £1,773 per sq meter (£164 per sq foot).
The average size of a house on LUTTON CLOSE is 60 sq meters (653 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Beresford Gardens |
| Feb 2024 | Anti-social behaviour | On or near Lakeholme Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Lakeholme Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Lakeholme Gardens | |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Fitzalan Road |