£122,653
This estimated value is based upon the latest sale price for the house of £119,950 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Mercian Court
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Price Paid | Date |
---|---|
£119,950 | 29 Sep 2023 |
£96,000 | 15 Sep 2017 |
£77,000 | 16 Jan 2015 |
£45,000 | 16 Jun 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 548 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 2023 the House Price Index for SHROPSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £119,950 results in an estimated price of approximately £122,653.
29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £119,950 | £2,703 | £122,653 |
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 | 23.455 % | £28,133 | £148,083 |
3 Month Average | -12.021 % | £-14,419 | £105,530 |
6 Month Average | -7.712 % | £-9,250 | £110,699 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £127,500 | £127,500 | 33 FROGMORE ROAD |
7 Dec 2023 | £342,267 | £331,750 | 107 CHESHIRE STREET |
31 Oct 2023 | £126,227 | £123,360 | 52 CHESHIRE STREET |
29 Sep 2023 | £122,654 | £119,950 | 1 MERCIAN COURT |
30 Jun 2023 | £107,147 | £105,000 | 23 MERCIAN COURT |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 30 Sep 2014. Using an estimated price of £122,654 means this house is valued at £2,404 per sq meter (£223 per sq foot).
The average size of a house on MERCIAN COURT is 57 sq meters (613 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Mercian Court |
May 2024 | Shoplifting | Awaiting court outcome | On or near Mercian Court |
Apr 2024 | Burglary | Under investigation | On or near Mercian Court |
Apr 2024 | Shoplifting | Awaiting court outcome | On or near Mercian Court |
Apr 2024 | Shoplifting | Awaiting court outcome | On or near Mercian Court |