£235,378
This estimated value is based upon the latest sale price for the house of £187,000 on 2 Feb 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£187,000 | 2 Feb 2018 |
£145,000 | 1 Sep 2003 |
Detached |
Freehold |
Floor Area: 65 sq meters or 699 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 February 2018 the House Price Index for SHROPSHIRE was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £187,000 results in an estimated price of approximately £235,378.
2 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 149.7 | 25.871 % | £187,000 | £48,378 | £235,378 |
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 | 76.051 % | £142,216 | £329,216 |
3 Month Average | 33.919 % | £63,428 | £250,428 |
6 Month Average | 26.284 % | £49,151 | £236,151 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £342,267 | £331,750 | 107 CHESHIRE STREET |
4 Dec 2023 | £182,611 | £177,000 | 5 TOWERS LAWN COURT |
31 Oct 2023 | £126,227 | £123,360 | 52 CHESHIRE STREET |
29 Sep 2023 | £122,654 | £119,950 | 1 MERCIAN COURT |
30 Jun 2023 | £107,147 | £105,000 | 23 MERCIAN COURT |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 5 Sep 2014. Using an estimated price of £235,379 means this house is valued at £3,621 per sq meter (£336 per sq foot).
The average size of a house on CHESHIRE GARDENS is 67 sq meters (723 sq feet).
This house is the largest in the street with a floor area of 65 sq meters (699 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Cheshire Gardens | |
Jul 2024 | Anti-social behaviour | On or near A529 | |
May 2024 | Anti-social behaviour | On or near A529 | |
May 2024 | Anti-social behaviour | On or near A529 | |
May 2024 | Anti-social behaviour | On or near A529 |