£139,294
This estimated value is based upon the latest sale price for the house of £67,500 on 12 Mar 2004. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£67,500 | 12 Mar 2004 |
£30,000 | 7 Feb 2000 |
£22,500 | 27 Apr 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 28 sq meters or 301 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 March 2004 the House Price Index for SHROPSHIRE was 71.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 106.362%.Applying this 106.362% change to the original purchase price of £67,500 results in an estimated price of approximately £139,294.
12 Mar 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
71.1 | 146.7 | 106.362 % | £67,500 | £71,794 | £139,294 |
The Postcode Pricing Model uses changes in average sales price within the SY3 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 | 149.061 % | £100,616 | £168,116 |
3 Month Average | 81.840 % | £55,241 | £122,741 |
6 Month Average | 107.791 % | £72,758 | £140,258 |
This house has a floor area of 28 sq meters or 301 sq feet when measured on 14 Oct 2015.
The average size of a house on NEWHAM WAY is 39 sq meters (422 sq feet).
This house is the smallest in the street with a floor area of 28 sq meters (301 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other crime | Under investigation | On or near Cotshore Drive |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Cotshore Drive |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Cotshore Drive |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shopping Area |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |