£493,007
This estimated value is based upon the latest sale price for the house of £285,000 on 11 Feb 2011. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 11 Feb 2011 |
| £199,550 | 30 Nov 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 82 sq meters or 887 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 February 2011 the House Price Index for SHROPSHIRE was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.985%.Applying this 72.985% change to the original purchase price of £285,000 results in an estimated price of approximately £493,007.
| 11 Feb 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 72.985 % | £285,000 | £208,007 | £493,007 |
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 | 25.513 % | £72,712 | £357,712 |
| 3 Month Average | 44.023 % | £125,464 | £410,464 |
| 6 Month Average | 45.221 % | £128,879 | £413,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £258,957 | £251,000 | 8 KINGSLAND BRIDGE MANSIONS MURIVANCE |
| 23 Aug 2023 | £794,326 | £780,000 | WHEELERS GATE QUARRY PLACE |
| 27 Jun 2023 | £428,589 | £420,000 | 11 KINGSLAND BRIDGE MANSIONS MURIVANCE |
| 17 Feb 2023 | £1,182,902 | £1,175,000 | 13 SWAN HILL |
| 14 Nov 2022 | £691,765 | £695,000 | THE PENTHOUSE THE TRACERY SWAN HILL |
This house has a floor area of 82 sq meters or 887 sq feet when measured on 29 Jun 2010. Using an estimated price of £493,008 means this house is valued at £5,978 per sq meter (£555 per sq foot).
The average size of a house on MURIVANCE is 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Possession of weapons | Under investigation | On or near Murivance |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Quarry Place |
| Jul 2024 | Anti-social behaviour | On or near Quarry Place | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Quarry Place |
| Jul 2024 | Anti-social behaviour | On or near Quarry Place |