£355,872
This estimated value is based upon the latest sale price for the house of £265,000 on 13 May 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £265,000 | 13 May 2016 |
| £150,000 | 25 Sep 2001 |
| £100,000 | 27 Mar 1998 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 May 2016 the House Price Index for SHROPSHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £265,000 results in an estimated price of approximately £355,872.
| 13 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £265,000 | £90,872 | £355,872 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 82.328 % | £218,169 | £483,169 |
| 3 Month Average | 46.504 % | £123,235 | £388,235 |
| 6 Month Average | 38.463 % | £101,925 | £366,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £337,658 | £331,750 | 107 CHESHIRE STREET |
| 29 Sep 2023 | £121,504 | £119,950 | 1 MERCIAN COURT |
| 30 Jun 2023 | £106,287 | £105,000 | 23 MERCIAN COURT |
| 6 Apr 2023 | £158,203 | £156,500 | 27 FROGMORE ROAD |
| 17 Mar 2023 | £85,808 | £85,000 | 41 MERCIAN COURT |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 19 Sep 2011. Using an estimated price of £355,873 means this house is valued at £4,393 per sq meter (£408 per sq foot).
There is one other house on the street which we know the size of, this is 3 FROGMORE PLACE it is 177.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Frogmore Place |
| Apr 2024 | Shoplifting | Under investigation | On or near Mercian Court |
| Apr 2024 | Shoplifting | Under investigation | On or near Mercian Court |
| Apr 2024 | Burglary | Under investigation | On or near Mercian Court |
| Feb 2024 | Shoplifting | Under investigation | On or near Mercian Court |