£176,998
This estimated value is based upon the latest sale price for the house of £110,000 on 17 Jan 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £110,000 | 17 Jan 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 January 2014 the House Price Index for SHROPSHIRE was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £110,000 results in an estimated price of approximately £176,998.
| 17 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 149.7 | 60.908 % | £110,000 | £66,998 | £176,998 |
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 | 65.243 % | £71,767 | £181,767 |
| 3 Month Average | 53.981 % | £59,379 | £169,379 |
| 6 Month Average | 50.983 % | £56,081 | £166,081 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2023 | £305,718 | £300,000 | COPPERS END THE OLD POLICE STATION SWAN HILL |
| 21 Oct 2022 | £393,685 | £395,000 | 18 CROSS HILL |
| 10 Oct 2022 | £118,106 | £118,500 | 15 THEATRE ROYAL APARTMENTS, 15 SHOPLATCH |
| 20 Jul 2022 | £906,079 | £897,000 | 5 - 6 CLAREMONT STREET |
| 9 May 2022 | £282,356 | £275,000 | 3 CROSS HILL |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 14 Sep 2012. Using an estimated price of £176,998 means this house is valued at £3,160 per sq meter (£293 per sq foot).
The average size of a house on SHOPLATCH is 63 sq meters (688 sq feet).