£161,712
This estimated value is based upon the latest sale price for the house of £130,000 on 15 Jun 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 15 Jun 2018 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 60 sq meters or 645 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 June 2018 the House Price Index for SHROPSHIRE was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £130,000 results in an estimated price of approximately £161,712.
| 15 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £130,000 | £31,712 | £161,712 |
The Postcode Pricing Model uses changes in average sales price within the SY6 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 | 21.448 % | £27,881 | £157,881 |
| 3 Month Average | 31.053 % | £40,369 | £170,369 |
| 6 Month Average | 26.199 % | £34,059 | £164,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £161,412 | £160,000 | 10 KINGS COURT |
| 4 Aug 2023 | £373,265 | £370,000 | 4 CENTRAL AVENUE |
| 30 Jun 2023 | £303,678 | £300,000 | 12 LUTWYCHE ROAD |
| 26 Aug 2022 | £362,026 | £363,000 | 1 CLIFTON MEWS CENTRAL AVENUE |
| 13 May 2022 | £361,818 | £355,000 | 16 CENTRAL AVENUE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 6 Nov 2017. Using an estimated price of £161,712 means this house is valued at £2,695 per sq meter (£250 per sq foot).
The average size of a house on SANDFORD AVENUE is 149 sq meters (1,604 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lutwyche Close |