£149,500
This estimated value is based upon the latest sale price for the house of £120,000 on 4 Apr 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 4 Apr 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 April 2019 the House Price Index for SHROPSHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £120,000 results in an estimated price of approximately £149,500.
| 4 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £120,000 | £29,500 | £149,500 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 135.404 % | £162,484 | £282,484 |
| 3 Month Average | 23.815 % | £28,578 | £148,578 |
| 6 Month Average | 16.632 % | £19,958 | £139,958 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £153,000 | £153,000 | FLAT 115 THE CEDARS ABBEY FOREGATE |
| 8 Dec 2023 | £159,914 | £155,000 | FLAT 302 THE CEDARS ABBEY FOREGATE |
| 30 Nov 2023 | £92,344 | £90,000 | FLAT 421 THE CEDARS ABBEY FOREGATE |
| 6 Oct 2023 | £127,905 | £125,000 | 33 BELGRAVIA COURT ABBEY FOREGATE |
| 31 Aug 2023 | £147,663 | £145,000 | FLAT 325 THE CEDARS ABBEY FOREGATE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 14 Dec 2018. Using an estimated price of £149,500 means this house is valued at £3,051 per sq meter (£283 per sq foot).
The average size of a house on ABBEY FOREGATE is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Abbey Foregate |
| Sep 2024 | Bicycle theft | Under investigation | On or near Abbey Foregate |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Abbey Foregate |