£135,687
This estimated value is based upon the latest sale price for the house of £80,000 on 29 Jun 2012. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £80,000 | 29 Jun 2012 |
| £89,000 | 14 Jul 2006 |
| £85,000 | 25 Nov 2005 |
| £32,250 | 20 Apr 2000 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 June 2012 the House Price Index for SHROPSHIRE was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £80,000 results in an estimated price of approximately £135,687.
| 29 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £80,000 | £55,687 | £135,687 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 42.707 % | £34,165 | £114,165 |
| 3 Month Average | 41.256 % | £33,004 | £113,004 |
| 6 Month Average | 49.719 % | £39,774 | £119,774 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £147,179 | £145,000 | 50 ASH ROAD |
| 15 Sep 2023 | £135,482 | £133,750 | 24 PRINCE STREET |
| 30 Jun 2023 | £129,569 | £128,000 | 16 ALBERT MEWS |
| 3 Mar 2023 | £124,170 | £123,000 | 9 ALBERT MEWS |
| 27 Jan 2023 | £157,259 | £158,000 | 19 PRINCE STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 7 Oct 2019. Using an estimated price of £135,687 means this house is valued at £2,422 per sq meter (£225 per sq foot).
The average size of a house on LORNE STREET is 73 sq meters (794 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lorne Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lorne Street |
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Ash Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ash Road |
| Mar 2024 | Drugs | Under investigation | On or near Prince Street |