£179,156
This estimated value is based upon the latest sale price for the house of £180,000 on 27 Jan 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 27 Jan 2023 |
| £95,000 | 15 May 2012 |
| £33,000 | 23 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 31 sq meters or 342 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 January 2023 the House Price Index for SHROPSHIRE was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £180,000 results in an estimated price of approximately £179,156.
| 27 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £180,000 | £-843 | £179,156 |
The Postcode Pricing Model uses changes in average sales price within the SY8 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 | -5.901 % | £-10,621 | £169,378 |
| 3 Month Average | 63.214 % | £113,784 | £293,784 |
| 6 Month Average | 17.998 % | £32,397 | £212,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £170,492 | £169,000 | 5 DODMORE LANE |
| 30 Jun 2023 | £253,065 | £250,000 | 18 DODMORE LANE |
| 22 Mar 2023 | £85,808 | £85,000 | 1 RAVEN APARTMENTS GRAVEL HILL |
| 27 Jan 2023 | £189,109 | £190,000 | 3 CHAPEL MEWS |
| 27 Jan 2023 | £179,156 | £180,000 | 11 CHAPEL ROW |
This house has a floor area of 31 sq meters or 342 sq feet when measured on 11 Jan 2012. Using an estimated price of £179,156 means this house is valued at £5,633 per sq meter (£523 per sq foot).
The average size of a house on CHAPEL ROW is 57 sq meters (614 sq feet).
This house is the smallest in the street with a floor area of 31 sq meters (342 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dodmore Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Street |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Hospital |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hospital |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hospital |