£233,546
This estimated value is based upon the latest sale price for the house of £42,950 on 22 Nov 1996. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £42,950 | 22 Nov 1996 |
| Terraced |
| 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 1996 the House Price Index for SHROPSHIRE was 27.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 443.763%.Applying this 443.763% change to the original purchase price of £42,950 results in an estimated price of approximately £233,546.
| 22 Nov 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.3 | 148.6 | 443.763 % | £42,950 | £190,596 | £233,546 |
The Postcode Pricing Model uses changes in average sales price within the TF1 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 | 238.781 % | £102,556 | £145,506 |
| 3 Month Average | 267.533 % | £114,905 | £157,855 |
| 6 Month Average | 315.347 % | £135,441 | £178,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £157,760 | £155,000 | 8 THE MALTINGS |
| 22 Sep 2023 | £117,756 | £116,250 | 6 ALEXANDRA TERRACE |
| 28 Jul 2023 | £187,524 | £185,000 | 55 SAVILLE CLOSE |
| 30 Jun 2023 | £182,207 | £180,000 | 77 SAVILLE CLOSE |
| 22 Jun 2023 | £202,452 | £200,000 | 65 SAVILLE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Maltings |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Alexandra Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Saville Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Saville Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cart Gate |