£561,413
This estimated value is based upon the latest sale price for the house of £425,000 on 12 Dec 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£425,000 | 12 Dec 2016 |
£362,000 | 19 Apr 2007 |
£300,000 | 25 Jun 2004 |
£88,000 | 25 Apr 2003 |
Detached |
Freehold |
Floor Area: 190 sq meters or 2,045 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 December 2016 the House Price Index for SHROPSHIRE was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £425,000 results in an estimated price of approximately £561,413.
12 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 149.7 | 32.097 % | £425,000 | £136,413 | £561,413 |
The Postcode Pricing Model uses changes in average sales price within the SY6 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 | -16.473 % | £-70,012 | £354,987 |
3 Month Average | 100.060 % | £425,253 | £850,253 |
6 Month Average | 63.928 % | £271,692 | £696,692 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £114,000 | £114,000 | FLAT 4 VERNON HOUSE WATLING STREET SOUTH |
30 Nov 2023 | £110,813 | £108,000 | FLAT 3 VERNON HOUSE WATLING STREET SOUTH |
30 Jun 2023 | £428,589 | £420,000 | 16 RAGLETH ROAD |
28 Apr 2023 | £468,768 | £460,000 | 51 WATLING STREET SOUTH |
14 Mar 2023 | £467,813 | £460,000 | 20 RAGLETH ROAD |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 1 Sep 2016. Using an estimated price of £561,414 means this house is valued at £2,954 per sq meter (£274 per sq foot).
The average size of a house on CLIVE AVENUE is 197 sq meters (2,128 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Snatchfields Lane |
Oct 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
Sep 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
Sep 2024 | Anti-social behaviour | On or near Petrol Station | |
Sep 2024 | Anti-social behaviour | On or near Petrol Station |