£168,385
This estimated value is based upon the latest sale price for the house of £160,000 on 28 Jan 2022. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 28 Jan 2022 |
| £117,500 | 20 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2022 the House Price Index for SHROPSHIRE was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £160,000 results in an estimated price of approximately £168,385.
| 28 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £160,000 | £8,385 | £168,385 |
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 | 16.736 % | £26,777 | £186,777 |
| 3 Month Average | 14.770 % | £23,632 | £183,632 |
| 6 Month Average | 12.967 % | £20,746 | £180,746 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £161,832 | £159,000 | 120 SHREWSBURY ROAD |
| 1 Dec 2023 | £138,422 | £136,000 | 9 VICTORIA ROAD |
| 28 Jul 2023 | £212,814 | £209,950 | 26 ALLEN GARDENS |
| 28 Jul 2023 | £126,705 | £125,000 | 6 RED BANK LANE |
| 22 Feb 2023 | £259,825 | £260,000 | HOMELEA VICTORIA ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 10 Dec 2021. Using an estimated price of £168,385 means this house is valued at £1,957 per sq meter (£181 per sq foot).
The average size of a house on SHREWSBURY ROAD is 75 sq meters (815 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Salisbury Road |
| Apr 2024 | Anti-social behaviour | On or near Salisbury Road | |
| Feb 2024 | Anti-social behaviour | On or near Salisbury Road | |
| Feb 2024 | Anti-social behaviour | On or near Salisbury Road | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Salisbury Road |