£183,859
This estimated value is based upon the latest sale price for the house of £72,500 on 20 Dec 2002. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £72,500 | 20 Dec 2002 |
| £43,950 | 16 Dec 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 2002 the House Price Index for SHROPSHIRE was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £72,500 results in an estimated price of approximately £183,859.
| 20 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 148.6 | 153.600 % | £72,500 | £111,359 | £183,859 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 205.039 % | £148,652 | £221,152 |
| 3 Month Average | 152.717 % | £110,719 | £183,219 |
| 6 Month Average | 142.090 % | £103,014 | £175,514 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £139,722 | £138,500 | 49 WILFRED OWEN CLOSE |
| 11 Aug 2023 | £225,977 | £224,000 | 5 WILFRED OWEN CLOSE |
| 16 Jun 2023 | £135,137 | £133,500 | 9 TRAFALGAR PLACE |
| 14 Jun 2023 | £141,717 | £140,000 | 42 WILFRED OWEN CLOSE |
| 3 Mar 2023 | £119,122 | £118,000 | 15 TRAFALGAR PLACE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 4 Aug 2015. Using an estimated price of £183,860 means this house is valued at £3,911 per sq meter (£363 per sq foot).
The average size of a house on TRAFALGAR PLACE is 54 sq meters (589 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Trafalgar Place | |
| Feb 2024 | Anti-social behaviour | On or near Trafalgar Place | |
| Feb 2024 | Anti-social behaviour | On or near Trafalgar Place | |
| Jan 2024 | Vehicle crime | Under investigation | On or near Trafalgar Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trafalgar Place |