£353,403
This estimated value is based upon the latest sale price for the house of £287,000 on 17 May 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£287,000 | 17 May 2018 |
£185,000 | 6 Jul 2004 |
£88,500 | 1 Oct 1999 |
£67,500 | 9 Oct 1998 |
Semi-Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 May 2018 the House Price Index for SHROPSHIRE was 119.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.137%.Applying this 23.137% change to the original purchase price of £287,000 results in an estimated price of approximately £353,403.
17 May 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 146.7 | 23.137 % | £287,000 | £66,403 | £353,403 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 42.838 % | £122,945 | £409,945 |
3 Month Average | 30.655 % | £87,980 | £374,980 |
6 Month Average | 25.784 % | £73,999 | £360,999 |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 1 Nov 2016.
The average size of a house on WENLOCK ROAD is 112 sq meters (1,211 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Children'S Way |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wenlock Road |