£216,798
This estimated value is based upon the latest sale price for the house of £180,000 on 23 Mar 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 23 Mar 2020 |
| £135,000 | 11 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2020 the House Price Index for SHROPSHIRE was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £180,000 results in an estimated price of approximately £216,798.
| 23 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £180,000 | £36,798 | £216,798 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | 13.976 % | £25,157 | £205,157 |
| 3 Month Average | 19.449 % | £35,007 | £215,007 |
| 6 Month Average | 20.240 % | £36,432 | £216,432 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £181,959 | £180,000 | 25 YORK ROAD |
| 6 Jun 2022 | £182,580 | £180,000 | 53 FITZALAN ROAD |
| 18 Feb 2022 | £173,035 | £165,000 | 39 YORK ROAD |
| 13 Dec 2021 | £283,915 | £265,000 | 149 LANCASTER ROAD |
| 14 Aug 2020 | £186,455 | £155,500 | 125 LANCASTER ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 14 Aug 2013. Using an estimated price of £216,799 means this house is valued at £2,709 per sq meter (£251 per sq foot).
The average size of a house on LANCASTER ROAD is 93 sq meters (1,006 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Lancaster Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fitzalan Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fitzalan Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Dutton Green |