£325,619
This estimated value is based upon the latest sale price for the house of £181,250 on 15 Sep 2009. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£181,250 | 15 Sep 2009 |
Terraced |
Freehold |
Floor Area: 111 sq meters or 1,194 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 September 2009 the House Price Index for SHROPSHIRE was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £181,250 results in an estimated price of approximately £325,619.
15 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 149.7 | 79.652 % | £181,250 | £144,369 | £325,619 |
The Postcode Pricing Model uses changes in average sales price within the WV16 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 | 43.094 % | £78,107 | £259,357 |
3 Month Average | 41.922 % | £75,983 | £257,233 |
6 Month Average | 42.565 % | £77,149 | £258,399 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Apr 2024 | £635,519 | £630,000 | 70 VICTORIA ROAD |
4 Mar 2024 | £267,104 | £263,000 | 15 ORCHARD DRIVE |
20 Dec 2023 | £211,499 | £205,000 | 16 WOODBERRY CLOSE |
23 Jun 2023 | £242,867 | £238,000 | 17 THE HOOKFIELD |
8 Aug 2022 | £286,339 | £285,000 | 14 THE HOOKFIELD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 31 Jul 2019. Using an estimated price of £325,619 means this house is valued at £2,933 per sq meter (£272 per sq foot).
The average size of a house on VICTORIA ROAD is 126 sq meters (1,363 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other crime | Under investigation | On or near Victoria Road |
May 2024 | Other crime | Under investigation | On or near Victoria Road |
Apr 2024 | Drugs | Local resolution | On or near Victoria Road |