£154,950
This estimated value is based upon the latest sale price for the house of £122,000 on 18 Aug 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £122,000 | 18 Aug 2017 |
| £127,450 | 28 Mar 2007 |
| £59,995 | 15 Jun 2001 |
| £41,000 | 29 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 August 2017 the House Price Index for SHROPSHIRE was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £122,000 results in an estimated price of approximately £154,950.
| 18 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £122,000 | £32,950 | £154,950 |
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 | -39.494 % | £-48,182 | £73,817 |
| 3 Month Average | 5.280 % | £6,441 | £128,441 |
| 6 Month Average | 18.132 % | £22,120 | £144,120 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £173,027 | £170,000 | 7 ELM STREET |
| 23 Nov 2023 | £124,341 | £122,500 | 31 ELLESMERE ROAD |
| 17 Nov 2023 | £180,167 | £177,500 | 10 ELM STREET |
| 14 Sep 2023 | £197,526 | £195,000 | 2 ELM STREET |
| 3 Jul 2023 | £223,001 | £220,000 | 10 HOTSPUR STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 6 Jun 2015. Using an estimated price of £154,951 means this house is valued at £2,499 per sq meter (£232 per sq foot).
The average size of a house on ELLESMERE ROAD is 118 sq meters (1,276 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Elm Street | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenfield Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wood Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wood Street |
| Jan 2024 | Anti-social behaviour | On or near Wood Street |