£179,189
This estimated value is based upon the latest sale price for the house of £135,000 on 11 Nov 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£135,000 | 11 Nov 2016 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 November 2016 the House Price Index for SHROPSHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £135,000 results in an estimated price of approximately £179,189.
11 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £135,000 | £44,189 | £179,189 |
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 | 85.441 % | £115,345 | £250,345 |
3 Month Average | 28.153 % | £38,006 | £173,006 |
6 Month Average | 21.070 % | £28,444 | £163,444 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £180,000 | £180,000 | 9 KILN BANK ROAD |
18 Oct 2023 | £511,620 | £500,000 | TERN COTTAGE KILN BANK ROAD |
15 Sep 2023 | £398,791 | £390,000 | CROFTLANDS SHROPSHIRE STREET |
26 Jun 2023 | £454,100 | £445,000 | CUFFLEY HOUSE SHROPSHIRE STREET |
28 Apr 2023 | £188,526 | £185,000 | 75 - 75A SHROPSHIRE STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 5 Apr 2016. Using an estimated price of £179,189 means this house is valued at £2,239 per sq meter (£208 per sq foot).
There is one other house on the street which we know the size of, this is GWELO THE OLD ARMOURY it is 82.0