£311,321
This estimated value is based upon the latest sale price for the house of £250,000 on 1 May 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£250,000 | 1 May 2019 |
£79,500 | 12 Jul 1996 |
£42,500 | 12 Apr 1995 |
Detached |
Freehold |
Floor Area: 128 sq meters or 1,377 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 2019 the House Price Index for SHROPSHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £250,000 results in an estimated price of approximately £311,321.
1 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £250,000 | £61,321 | £311,321 |
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 | 34.527 % | £86,317 | £336,317 |
3 Month Average | 17.529 % | £43,823 | £293,823 |
6 Month Average | 8.441 % | £21,103 | £271,103 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Oct 2023 | £153,486 | £150,000 | 22 KINGS AVENUE |
29 Sep 2023 | £194,283 | £190,000 | 19 SIMONS ROAD |
6 Jan 2023 | £77,206 | £77,000 | 41 SIMONS ROAD |
29 Jul 2022 | £149,498 | £148,000 | 18 KINGS AVENUE |
8 Jul 2022 | £216,166 | £214,000 | 23 KINGS AVENUE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 26 Mar 2019. Using an estimated price of £311,322 means this house is valued at £2,432 per sq meter (£225 per sq foot).
The average size of a house on SHREWSBURY ROAD is 75 sq meters (815 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Kings Avenue | |
Jun 2024 | Other crime | Under investigation | On or near Kings Avenue |
Jun 2024 | Possession of weapons | Unable to prosecute suspect | 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 |