£46,372
This estimated value is based upon the latest sale price for the house of £39,999 on 19 Nov 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£39,999 | 19 Nov 2020 |
£30,000 | 2 Mar 2019 |
Freehold |
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 November 2020 the House Price Index for SHROPSHIRE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £39,999 results in an estimated price of approximately £46,372.
19 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £39,999 | £6,373 | £46,372 |
The Postcode Pricing Model uses changes in average sales price within the SY9 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 | 53.909 % | £21,562 | £61,561 |
3 Month Average | 44.949 % | £17,979 | £57,978 |
6 Month Average | 40.779 % | £16,311 | £56,310 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £769,843 | £760,000 | CLAREMONT BULL LANE |
14 Mar 2023 | £201,902 | £200,000 | OLD SCHOOL HOUSE STATION STREET |
14 Feb 2023 | £339,771 | £340,000 | FLAT 1 OLD BANK HOUSE MARKET SQUARE |
26 Jan 2023 | £125,907 | £126,500 | 1 MARKET SQUARE |
1 Sep 2022 | £425,563 | £429,000 | 8 CASTLE GREEN |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Market Square |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Bull Lane |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near School Lane |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Billingsley Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Billingsley Close |