£102,675
This estimated value is based upon the latest sale price for the house of £85,000 on 21 Aug 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£85,000 | 21 Aug 2020 |
£90,000 | 22 Dec 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 409 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 August 2020 the House Price Index for SHROPSHIRE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £85,000 results in an estimated price of approximately £102,675.
21 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £85,000 | £17,675 | £102,675 |
The Postcode Pricing Model uses changes in average sales price within the SY8 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 | -13.750 % | £-11,687 | £73,312 |
3 Month Average | 9.738 % | £8,277 | £93,277 |
6 Month Average | 20.892 % | £17,758 | £102,758 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £306,972 | £300,000 | 23 NEW STREET |
16 Aug 2023 | £172,104 | £169,000 | 5 DODMORE LANE |
9 Jun 2023 | £459,202 | £450,000 | 21 CASTLE VIEW TERRACE |
27 Jan 2023 | £180,482 | £180,000 | 11 CHAPEL ROW |
27 Jan 2023 | £190,509 | £190,000 | 3 CHAPEL MEWS |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 27 Mar 2020. Using an estimated price of £102,675 means this house is valued at £2,701 per sq meter (£251 per sq foot).
The average size of a house on NEW STREET is 63 sq meters (688 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near New Street |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Dodmore Lane |
Jun 2024 | Anti-social behaviour | On or near Dodmore Lane | |
Jun 2024 | Anti-social behaviour | On or near Dodmore Lane | |
Jun 2024 | Anti-social behaviour | On or near Dodmore Lane |