£285,371
This estimated value is based upon the latest sale price for the house of £231,336 on 20 Dec 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £231,336 | 20 Dec 2018 |
| £154,000 | 7 Apr 2017 |
| £175,000 | 17 Feb 2004 |
| Freehold |
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 December 2018 the House Price Index for SHROPSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £231,336 results in an estimated price of approximately £285,371.
| 20 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £231,336 | £54,035 | £285,371 |
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 | 29.966 % | £69,322 | £300,658 |
| 3 Month Average | 27.127 % | £62,754 | £294,090 |
| 6 Month Average | 20.027 % | £46,330 | £277,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £253,238 | £250,000 | 2 SAFFRON HOUSE MILL ROAD |
| 17 Mar 2023 | £131,236 | £130,000 | 24 BELGRAVIA COURT ABBEY FOREGATE |
| 18 May 2022 | £168,169 | £165,000 | FLAT 5 THE MONKLANDS, 158 ABBEY FOREGATE |
| 26 Jan 2022 | £182,067 | £173,000 | 12 ROWLAND COURT ABBEY FOREGATE |
| 12 Nov 2021 | £178,450 | £165,000 | 8 SAFFRON HOUSE MILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Newhall Gardens |
| Mar 2024 | Public order | Under investigation | On or near Newhall Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Newhall Gardens |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Newhall Gardens |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near King Street |