£207,579
This estimated value is based upon the latest sale price for the house of £46,500 on 30 Mar 1999. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£46,500 | 30 Mar 1999 |
£41,500 | 22 Aug 1997 |
£32,750 | 12 Apr 1995 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 570 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 1999 the House Price Index for SHROPSHIRE was 33.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 346.406%.Applying this 346.406% change to the original purchase price of £46,500 results in an estimated price of approximately £207,579.
30 Mar 1999 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.2 | 148.0 | 346.406 % | £46,500 | £161,079 | £207,579 |
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 | 302.734 % | £140,771 | £187,271 |
3 Month Average | 279.824 % | £130,117 | £176,617 |
6 Month Average | 251.764 % | £117,070 | £163,570 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £401,356 | £400,000 | GOODRICKE HOUSE SCHOOL LANE |
8 Mar 2024 | £270,915 | £270,000 | CORONATION COTTAGE, 237 SHREWSBURY ROAD |
14 Dec 2023 | £242,590 | £238,000 | 119 ELM DRIVE |
4 Dec 2023 | £183,471 | £180,000 | 231 SHREWSBURY ROAD |
25 Aug 2023 | £704,283 | £700,000 | ELMHURST HOUSE BUNTINGSDALE ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 20 Jun 2012. Using an estimated price of £207,579 means this house is valued at £3,916 per sq meter (£363 per sq foot).
The average size of a house on HOSPITAL LANE is 75 sq meters (816 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kings Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Kings Avenue |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Kings Avenue |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near School Lane |
Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Holly Drive |