£126,537
This estimated value is based upon the latest sale price for the house of £117,000 on 17 Nov 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Victoria Road
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| Price Paid | Date |
|---|---|
| £117,000 | 17 Nov 2021 |
| £115,000 | 11 Oct 2021 |
| £96,500 | 7 Mar 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £117,000 results in an estimated price of approximately £126,537.
| 17 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £117,000 | £9,537 | £126,537 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 64.039 % | £74,925 | £191,925 |
| 3 Month Average | 34.471 % | £40,331 | £157,331 |
| 6 Month Average | 7.284 % | £8,522 | £125,522 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £138,422 | £136,000 | 9 VICTORIA ROAD |
| 29 Sep 2023 | £146,878 | £145,000 | 7 GOOSEFIELD CLOSE |
| 22 Feb 2023 | £259,825 | £260,000 | HOMELEA VICTORIA ROAD |
| 30 Nov 2022 | £177,846 | £180,000 | 23 VICTORIA ROAD |
| 15 Jul 2022 | £165,445 | £165,000 | 33 VICTORIA ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 26 Sep 2016. Using an estimated price of £126,537 means this house is valued at £1,687 per sq meter (£156 per sq foot).
The average size of a house on VICTORIA ROAD is 97 sq meters (1,052 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Victoria Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Victoria Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Victoria Court |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Victoria Court |