£326,957
This estimated value is based upon the latest sale price for the house of £159,950 on 8 Apr 2004. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £159,950 | 8 Apr 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 571 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 April 2004 the House Price Index for SHROPSHIRE was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £159,950 results in an estimated price of approximately £326,957.
| 8 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £159,950 | £167,007 | £326,957 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | 5.229 % | £8,363 | £168,313 |
| 3 Month Average | 59.613 % | £95,351 | £255,301 |
| 6 Month Average | 76.381 % | £122,171 | £282,121 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £174,734 | £172,500 | 5 BEECHES LANE |
| 21 Sep 2023 | £212,720 | £210,000 | 8 ST JULIANS MEWS |
| 15 Sep 2023 | £129,658 | £128,000 | APARTMENT 20 CENTURY HOUSE BEECHES LANE |
| 24 Aug 2023 | £201,765 | £200,000 | 9 ST JULIANS MEWS |
| 24 Mar 2023 | £237,235 | £235,000 | APARTMENT 4 CENTURY HOUSE ST JULIANS FRIARS |
This house has a floor area of 53 sq meters or 571 sq feet when measured on 16 Oct 2008. Using an estimated price of £326,957 means this house is valued at £6,159 per sq meter (£572 per sq foot).
The average size of a house on BEECHES LANE is 79 sq meters (857 sq feet).