£154,584
This estimated value is based upon the latest sale price for the house of £125,000 on 5 Apr 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 5 Apr 2019 |
| £119,500 | 10 Aug 2016 |
| £130,000 | 25 Oct 2007 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 April 2019 the House Price Index for SHROPSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £125,000 results in an estimated price of approximately £154,584.
| 5 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £125,000 | £29,584 | £154,584 |
The Postcode Pricing Model uses changes in average sales price within the SY13 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 | 13.843 % | £17,304 | £142,304 |
| 3 Month Average | 29.413 % | £36,765 | £161,765 |
| 6 Month Average | 36.380 % | £45,475 | £170,475 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £217,933 | £215,000 | 15 MARE CLOSE |
| 10 Feb 2023 | £219,852 | £220,000 | 158 LIVERPOOL ROAD |
| 24 Aug 2022 | £240,951 | £241,600 | 194 LIVERPOOL ROAD |
| 1 Aug 2022 | £209,436 | £210,000 | 176 LIVERPOOL ROAD |
| 20 Jul 2022 | £213,575 | £213,000 | 178 LIVERPOOL ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 10 Feb 2020. Using an estimated price of £154,585 means this house is valued at £2,307 per sq meter (£214 per sq foot).
The average size of a house on MARE CLOSE is 87 sq meters (941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Mare Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mare Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Mare Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Mare Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mare Close |