£346,830
This estimated value is based upon the latest sale price for the house of £74,500 on 1 Sep 1998. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £74,500 | 1 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 September 1998 the House Price Index for SHROPSHIRE was 31.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 365.544%.Applying this 365.544% change to the original purchase price of £74,500 results in an estimated price of approximately £346,830.
| 1 Sep 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 148.6 | 365.544 % | £74,500 | £272,330 | £346,830 |
The Postcode Pricing Model uses changes in average sales price within the SY3 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 | 367.082 % | £273,476 | £347,976 |
| 3 Month Average | 333.583 % | £248,519 | £323,019 |
| 6 Month Average | 348.392 % | £259,552 | £334,052 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2022 | £87,764 | £88,000 | 24 ALMS COURT |
| 17 Jun 2022 | £173,553 | £171,100 | 96 HEREFORD ROAD |
| 25 Apr 2022 | £411,920 | £400,000 | 26 UPPER ROAD |
| 15 Feb 2022 | £296,256 | £282,500 | 31 UPPER ROAD |
| 28 Jan 2022 | £199,958 | £190,000 | 102 HEREFORD ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 8 Jul 2020. Using an estimated price of £346,831 means this house is valued at £4,032 per sq meter (£374 per sq foot).
The average size of a house on MEOLE RISE is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Upper Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Upper Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alms Court |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Alms Court |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Alms Court |