£320,304
This estimated value is based upon the latest sale price for the house of £285,000 on 2 Aug 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 2 Aug 2021 |
| £134,000 | 12 Jan 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 195 sq meters or 2,098 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 August 2021 the House Price Index for SHROPSHIRE was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £285,000 results in an estimated price of approximately £320,304.
| 2 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £285,000 | £35,304 | £320,304 |
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 | -1.561 % | £-4,447 | £280,552 |
| 3 Month Average | -15.399 % | £-43,887 | £241,112 |
| 6 Month Average | -11.463 % | £-32,670 | £252,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £73,135 | £72,500 | FLAT 2 22 STAFFORD STREET |
| 4 Apr 2023 | £239,479 | £235,000 | 5 SMITHFIELD CLOSE |
| 8 Mar 2023 | £80,342 | £79,000 | 4 CROSS STREET |
| 10 Feb 2023 | £183,224 | £182,000 | 6 DAIRY CLOSE |
| 15 Jul 2022 | £292,885 | £289,950 | 40 SMITHFIELD ROAD |
This house has a floor area of 195 sq meters or 2,098 sq feet when measured on 10 Sep 2020. Using an estimated price of £320,304 means this house is valued at £1,642 per sq meter (£152 per sq foot).
The average size of a house on SMITHFIELD ROAD is 85 sq meters (924 sq feet).
This house is the largest in the street with a floor area of 195 sq meters (2,098 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Dairy Close | |
| Jun 2024 | Anti-social behaviour | On or near Dairy Close | |
| Jun 2024 | Anti-social behaviour | On or near Dairy Close | |
| Jun 2024 | Anti-social behaviour | On or near Dairy Close | |
| May 2024 | Anti-social behaviour | On or near Dairy Close |