£149,808
This estimated value is based upon the latest sale price for the house of £137,500 on 1 Nov 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£137,500 | 1 Nov 2021 |
£237,960 | 21 Dec 2018 |
Detached |
Leasehold |
Floor Area: 109 sq meters or 1,173 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 November 2021 the House Price Index for SHROPSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £137,500 results in an estimated price of approximately £149,808.
1 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £137,500 | £12,308 | £149,808 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | 21.944 % | £30,173 | £167,673 |
3 Month Average | 7.046 % | £9,687 | £147,187 |
6 Month Average | -4.111 % | £-5,653 | £131,846 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Oct 2023 | £201,578 | £197,000 | 12 SALLET GROVE |
5 Sep 2023 | £163,607 | £160,000 | 44 LANCER ROAD |
30 Jun 2022 | £214,587 | £210,000 | 43 RONDEL STREET |
25 Feb 2022 | £206,009 | £195,000 | 20 LANCER ROAD |
24 Jan 2022 | £219,461 | £207,000 | 41 RONDEL STREET |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 8 Jun 2018. Using an estimated price of £149,809 means this house is valued at £1,374 per sq meter (£127 per sq foot).
The average size of a house on LANCER ROAD is 96 sq meters (1,035 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Sallet Grove |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sallet Grove |
Jun 2024 | Vehicle crime | Under investigation | On or near Fletcher Place |
Apr 2024 | Other crime | Unable to prosecute suspect | On or near Fletcher Place |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Broadhead Drive |