£170,097
This estimated value is based upon the latest sale price for the house of £145,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 30 Oct 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2020 the House Price Index for SHROPSHIRE was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £145,000 results in an estimated price of approximately £170,097.
| 30 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £145,000 | £25,097 | £170,097 |
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 | 7.990 % | £11,586 | £156,586 |
| 3 Month Average | 3.043 % | £4,412 | £149,412 |
| 6 Month Average | 12.752 % | £18,490 | £163,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Aug 2022 | £157,077 | £157,500 | 14 HOSPITAL LANE |
| 29 Jul 2022 | £148,399 | £148,000 | 18 KINGS AVENUE |
| 8 Jul 2022 | £214,578 | £214,000 | 23 KINGS AVENUE |
| 29 Apr 2022 | £180,215 | £175,000 | 14 SIMONS ROAD |
| 20 Apr 2022 | £234,794 | £228,000 | 2 HOSPITAL LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 23 Jan 2016. Using an estimated price of £170,097 means this house is valued at £2,267 per sq meter (£210 per sq foot).
The average size of a house on SHREWSBURY ROAD is 75 sq meters (815 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 |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Holly Drive |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Holly Drive |