£399,797
This estimated value is based upon the latest sale price for the house of £234,950 on 27 Oct 2006. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£234,950 | 27 Oct 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 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 2006 the House Price Index for SHROPSHIRE was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.163%.Applying this 70.163% change to the original purchase price of £234,950 results in an estimated price of approximately £399,797.
27 Oct 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 149.7 | 70.163 % | £234,950 | £164,847 | £399,797 |
The Postcode Pricing Model uses changes in average sales price within the SY8 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 | 53.144 % | £124,860 | £359,810 |
3 Month Average | 46.988 % | £110,399 | £345,349 |
6 Month Average | 57.674 % | £135,505 | £370,455 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £425,000 | £425,000 | 12 ST JULIANS AVENUE |
20 Mar 2024 | £269,135 | £265,000 | 20 GRAVEL HILL |
24 Oct 2023 | £145,300 | £142,000 | FLAT 45 BURGESS COURT GRAVEL HILL |
7 Mar 2023 | £129,665 | £127,500 | FLAT 26 BURGESS COURT GRAVEL HILL |
1 Mar 2023 | £147,463 | £145,000 | FLAT 1 BURGESS COURT GRAVEL HILL |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 7 Jan 2014. Using an estimated price of £399,797 means this house is valued at £6,150 per sq meter (£571 per sq foot).
The average size of a house on GRAVEL HILL is 82 sq meters (884 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near St Julian'S Avenue |
Jun 2024 | Violence and sexual offences | Under investigation | On or near St Julian'S Avenue |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Julian'S Avenue |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Starstile Meadow |
Jun 2024 | Shoplifting | Under investigation | On or near Starstile Meadow |