£390,301
This estimated value is based upon the latest sale price for the house of £215,000 on 22 Dec 2008. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 22 Dec 2008 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,381 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 December 2008 the House Price Index for SHROPSHIRE was 81.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.535%.Applying this 81.535% change to the original purchase price of £215,000 results in an estimated price of approximately £390,301.
| 22 Dec 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.9 | 148.6 | 81.535 % | £215,000 | £175,301 | £390,301 |
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 | 31.378 % | £67,463 | £282,463 |
| 3 Month Average | 30.297 % | £65,138 | £280,138 |
| 6 Month Average | 23.641 % | £50,828 | £265,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £167,251 | £165,000 | 25B SHROPSHIRE STREET |
| 3 Mar 2023 | £148,398 | £147,000 | 55 SHROPSHIRE STREET |
| 25 Aug 2022 | £104,718 | £105,000 | FLAT 1 RED HOUSES SHROPSHIRE STREET |
| 15 Aug 2022 | £106,713 | £107,000 | FLAT 6 RED HOUSES SHROPSHIRE STREET |
| 12 Aug 2022 | £81,780 | £82,000 | FLAT 3 RED HOUSES SHROPSHIRE STREET |
This house has a floor area of 128 sq meters or 1,381 sq feet when measured on 24 Nov 2008. Using an estimated price of £390,301 means this house is valued at £3,042 per sq meter (£282 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shropshire Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Shropshire Street |
| Apr 2024 | Anti-social behaviour | On or near Shropshire Street | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shropshire Street |
| Feb 2024 | Anti-social behaviour | On or near Shropshire Street |