£57,199
This estimated value is based upon the latest sale price for the house of £52,500 on 12 Nov 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£52,500 | 12 Nov 2021 |
£119,000 | 30 Aug 2013 |
£119,000 | 30 Aug 2013 |
£119,950 | 31 Jan 2012 |
£137,450 | 19 Aug 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 548 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 November 2021 the House Price Index for SHROPSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £52,500 results in an estimated price of approximately £57,199.
12 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £52,500 | £4,699 | £57,199 |
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 | -4.817 % | £-2,528 | £49,971 |
3 Month Average | 25.296 % | £13,280 | £65,780 |
6 Month Average | 17.571 % | £9,224 | £61,724 |
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 51 sq meters or 548 sq feet when measured on 7 Jan 2014. Using an estimated price of £57,200 means this house is valued at £1,121 per sq meter (£104 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 |