£146,840
This estimated value is based upon the latest sale price for the house of £118,000 on 28 Feb 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£118,000 | 28 Feb 2019 |
£105,000 | 18 Nov 2011 |
£111,000 | 18 Jun 2004 |
Semi-Detached |
Freehold |
Floor Area: 52 sq meters or 562 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 February 2019 the House Price Index for SHROPSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £118,000 results in an estimated price of approximately £146,840.
28 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.441 % | £118,000 | £28,840 | £146,840 |
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 | 114.509 % | £135,120 | £253,120 |
3 Month Average | 1.031 % | £1,216 | £119,216 |
6 Month Average | 7.621 % | £8,993 | £126,993 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £141,226 | £140,000 | ASHFIELD VICTORIA COURT |
18 Dec 2023 | £177,453 | £172,000 | 16 VICTORIA ROAD |
18 Dec 2023 | £164,041 | £159,000 | 120 SHREWSBURY ROAD |
1 Dec 2023 | £140,311 | £136,000 | 9 VICTORIA ROAD |
10 Oct 2023 | £752,081 | £735,000 | LORD HILL INN SHREWSBURY ROAD |
This house has a floor area of 52 sq meters or 562 sq feet when measured on 20 Apr 2010. Using an estimated price of £146,841 means this house is valued at £2,809 per sq meter (£261 per sq foot).
The average size of a house on SHREWSBURY ROAD is 75 sq meters (815 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Salisbury Road |
Jul 2024 | Shoplifting | Under investigation | On or near Salisbury Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Salisbury Road |
Jul 2024 | Drugs | Under investigation | On or near Salisbury Road |
Jul 2024 | Drugs | Under investigation | On or near Salisbury Road |