£210,169
This estimated value is based upon the latest sale price for the house of £119,000 on 17 Mar 2006. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£119,000 | 17 Mar 2006 |
£121,000 | 20 Apr 2004 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 March 2006 the House Price Index for SHROPSHIRE was 84.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 76.613%.Applying this 76.613% change to the original purchase price of £119,000 results in an estimated price of approximately £210,169.
17 Mar 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.1 | 148.6 | 76.613 % | £119,000 | £91,169 | £210,169 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 44.288 % | £52,702 | £171,702 |
3 Month Average | 42.375 % | £50,426 | £169,426 |
6 Month Average | 45.600 % | £54,263 | £173,263 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £180,152 | £177,000 | 5 TOWERS LAWN COURT |
28 Jul 2023 | £380,116 | £375,000 | 24 MAER LANE |
14 Jul 2023 | £91,228 | £90,000 | 8 THE BRAMPTON SMITHFIELD ROAD |
14 Jul 2023 | £228,070 | £225,000 | 44 CAMPBELL ROAD |
4 Nov 2022 | £192,666 | £195,000 | 10 MAER LANE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 18 Sep 2013. Using an estimated price of £210,169 means this house is valued at £2,259 per sq meter (£209 per sq foot).
The average size of a house on MAER LANE is 106 sq meters (1,151 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Campbell Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Campbell Road |
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Smithfield Road |
Apr 2024 | Shoplifting | Under investigation | On or near Parking Area |
Apr 2024 | Anti-social behaviour | On or near Parking Area |