£295,865
This estimated value is based upon the latest sale price for the house of £180,000 on 4 Jul 2008. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 4 Jul 2008 |
| £93,000 | 21 Dec 2000 |
| £75,000 | 10 Sep 1999 |
| £63,000 | 28 Apr 1995 |
| Flats/Maisonettes |
| Leasehold |
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 July 2008 the House Price Index for SHROPSHIRE was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.370%.Applying this 64.370% change to the original purchase price of £180,000 results in an estimated price of approximately £295,865.
| 4 Jul 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.370 % | £180,000 | £115,865 | £295,865 |
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 | -8.333 % | £-14,999 | £165,000 |
| 3 Month Average | 23.249 % | £41,848 | £221,848 |
| 6 Month Average | 34.106 % | £61,390 | £241,390 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £277,231 | £273,500 | FLAT 12 UPPER BLACKFRIARS CRESCENT ST MARYS WATER LANE |
| 16 Feb 2022 | £264,271 | £252,000 | APARTMENT 26 WATERGATE MANSIONS ST MARYS PLACE |
| 1 Jun 2021 | £391,617 | £365,000 | FLAT 9 26 CASTLE STREET |
| 16 Dec 2020 | £214,622 | £187,000 | APARTMENT 25 WATERGATE MANSIONS ST MARYS PLACE |
| 27 Oct 2020 | £158,366 | £135,000 | FLAT 9 UPPER BLACKFRIARS CRESCENT ST MARYS WATER LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Shopping Area |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Shopping Area |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shopping Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Windsor Place |
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Windsor Place |