£726,918
This estimated value is based upon the latest sale price for the house of £425,000 on 1 Oct 2012. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£425,000 | 1 Oct 2012 |
£439,950 | 15 Dec 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 147 sq meters or 1,582 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 October 2012 the House Price Index for SHROPSHIRE was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £425,000 results in an estimated price of approximately £726,918.
1 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 149.7 | 71.040 % | £425,000 | £301,918 | £726,918 |
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 | 35.027 % | £148,866 | £573,866 |
3 Month Average | 49.182 % | £209,023 | £634,023 |
6 Month Average | 55.556 % | £236,113 | £661,113 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Apr 2024 | £181,577 | £180,000 | 28 HILLS LANE |
24 Nov 2023 | £1,128,650 | £1,100,000 | 32 HIGH STREET |
31 Aug 2023 | £286,416 | £281,250 | FLAT 1 54 MARDOL |
28 Feb 2023 | £281,883 | £280,000 | APARTMENT 15 NEXUS ROUSHILL |
17 Aug 2022 | £3,667,147 | £3,650,000 | 7 - 9 PRIDE HILL |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 22 May 2012. Using an estimated price of £726,919 means this house is valued at £4,945 per sq meter (£459 per sq foot).
The average size of a house on ROUSHILL is 113 sq meters (1,220 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Roushill |
Oct 2024 | Anti-social behaviour | On or near Mardol | |
Oct 2024 | Anti-social behaviour | On or near Mardol | |
Oct 2024 | Bicycle theft | Under investigation | On or near Mardol |
Sep 2024 | Anti-social behaviour | On or near Mardol |