£158,749
This estimated value is based upon the latest sale price for the house of £112,000 on 21 Oct 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£112,000 | 21 Oct 2015 |
£90,000 | 5 Oct 2012 |
£41,000 | 13 Jul 1998 |
£40,750 | 11 Apr 1995 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 587 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 October 2015 the House Price Index for SHROPSHIRE was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £112,000 results in an estimated price of approximately £158,749.
21 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 149.7 | 41.740 % | £112,000 | £46,749 | £158,749 |
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 | 146.963 % | £164,599 | £276,599 |
3 Month Average | 52.854 % | £59,196 | £171,196 |
6 Month Average | 37.727 % | £42,254 | £154,254 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £176,207 | £173,500 | 24 HOSPITAL LANE |
20 Mar 2024 | £406,242 | £400,000 | GOODRICKE HOUSE SCHOOL LANE |
8 Mar 2024 | £274,213 | £270,000 | CORONATION COTTAGE, 237 SHREWSBURY ROAD |
14 Dec 2023 | £245,545 | £238,000 | 119 ELM DRIVE |
4 Dec 2023 | £185,706 | £180,000 | 231 SHREWSBURY ROAD |
This house has a floor area of 54 sq meters or 587 sq feet when measured on 1 Mar 2010. Using an estimated price of £158,749 means this house is valued at £2,908 per sq meter (£270 per sq foot).
The average size of a house on HOSPITAL LANE is 75 sq meters (816 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Kings Avenue | |
Jun 2024 | Possession of weapons | Unable to prosecute suspect | On or near Kings Avenue |
Jun 2024 | Other crime | Under investigation | On or near Kings Avenue |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kings Avenue |
Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near Holly Drive |