£129,146
This estimated value is based upon the latest sale price for the house of £97,000 on 22 Aug 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £97,000 | 22 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2016 the House Price Index for SHROPSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £97,000 results in an estimated price of approximately £129,146.
| 22 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £97,000 | £32,146 | £129,146 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | -16.230 % | £-15,743 | £81,256 |
| 3 Month Average | 19.374 % | £18,793 | £115,793 |
| 6 Month Average | 20.969 % | £20,340 | £117,340 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £147,000 | £147,000 | 24 LONG ROW |
| 25 Aug 2023 | £191,677 | £190,000 | 13 DITHERINGTON ROAD |
| 11 Aug 2023 | £161,412 | £160,000 | 28 LONG ROW |
| 11 Aug 2023 | £474,148 | £470,000 | 4 COLUMN HOUSE GARDENS |
| 10 Aug 2023 | £166,456 | £165,000 | 111 WINGFIELD CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 25 Jan 2016. Using an estimated price of £129,147 means this house is valued at £1,745 per sq meter (£162 per sq foot).
The average size of a house on WINGFIELD GARDENS is 97 sq meters (1,051 sq feet).
This house is the largest in the street with a floor area of 74 sq meters (796 sq feet).