£71,151
This estimated value is based upon the latest sale price for the house of £15,000 on 13 May 1998. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£15,000 | 13 May 1998 |
Terraced |
Freehold |
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 May 1998 the House Price Index for SHROPSHIRE was 31.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 374.343%.Applying this 374.343% change to the original purchase price of £15,000 results in an estimated price of approximately £71,151.
13 May 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.6 | 149.7 | 374.343 % | £15,000 | £56,151 | £71,151 |
The Postcode Pricing Model uses changes in average sales price within the SY3 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 | 348.667 % | £52,300 | £67,300 |
3 Month Average | 319.546 % | £47,931 | £62,931 |
6 Month Average | 329.011 % | £49,351 | £64,351 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £256,511 | £250,000 | 17 ALMA STREET |
30 Jun 2023 | £280,624 | £275,000 | 19 MOUNT STREET |
8 Jun 2023 | £194,906 | £191,000 | 33 ALMA STREET |
6 Apr 2023 | £231,836 | £227,500 | 12 MOUNT STREET |
3 Feb 2023 | £256,715 | £255,000 | 6 LONGNER STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Under investigation | On or near Longner Street |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Longner Street |
Sep 2024 | Anti-social behaviour | On or near Longner Street | |
Sep 2024 | Robbery | Under investigation | On or near Longner Street |
Sep 2024 | Anti-social behaviour | On or near Longner Street |