£193,981
This estimated value is based upon the latest sale price for the house of £85,000 on 26 Sep 2003. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 26 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2003 the House Price Index for SHROPSHIRE was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £85,000 results in an estimated price of approximately £193,981.
| 26 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 148.6 | 128.213 % | £85,000 | £108,981 | £193,981 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 123.726 % | £105,167 | £190,167 |
| 3 Month Average | 89.277 % | £75,885 | £160,885 |
| 6 Month Average | 97.297 % | £82,702 | £167,702 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £192,855 | £190,000 | 8 PARK STREET CLOSE |
| 28 Jul 2023 | £168,771 | £166,500 | 11 STEWART ROAD |
| 16 Mar 2023 | £122,151 | £121,000 | 1C STEWART ROAD |
| 17 Feb 2023 | £374,748 | £375,000 | THE SYCAMORES, 34 VICTORIA ROAD |
| 2 Sep 2022 | £210,798 | £212,500 | 33 FERRERS ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 24 Sep 2021. Using an estimated price of £193,981 means this house is valued at £2,131 per sq meter (£198 per sq foot).
The average size of a house on FERRERS ROAD is 120 sq meters (1,297 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Ferrers Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Salop Road |
| Dec 2023 | Anti-social behaviour | On or near Salop Road |