£398,239
This estimated value is based upon the latest sale price for the house of £320,000 on 4 Jan 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 4 Jan 2019 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 January 2019 the House Price Index for SHROPSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £320,000 results in an estimated price of approximately £398,239.
| 4 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £320,000 | £78,239 | £398,239 |
The Postcode Pricing Model uses changes in average sales price within the TF13 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 | 15.086 % | £48,276 | £368,276 |
| 3 Month Average | 20.846 % | £66,706 | £386,706 |
| 6 Month Average | 8.622 % | £27,590 | £347,590 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £258,979 | £255,000 | DAMSON COTTAGE, 6 BOURTON ROAD |
| 8 Mar 2024 | £277,260 | £273,000 | 11 FALCONS COURT |
| 8 Nov 2023 | £338,595 | £330,000 | 7 SMITHFIELD ROAD |
| 20 Oct 2023 | £286,507 | £280,000 | 11 SMITHFIELD ROAD |
| 18 Oct 2023 | £285,484 | £279,000 | 12 FALCONS COURT |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 14 Apr 2016. Using an estimated price of £398,240 means this house is valued at £3,211 per sq meter (£298 per sq foot).
The average size of a house on HIGH STREET is 173 sq meters (1,866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near A458 | |
| Jun 2024 | Anti-social behaviour | On or near A458 | |
| Jul 2024 | Other theft | Under investigation | On or near Falcons Court |
| Jul 2024 | Other theft | Under investigation | On or near Falcons Court |
| Jul 2024 | Other theft | Under investigation | On or near Falcons Court |