£1,171,705
This estimated value is based upon the latest sale price for the house of £950,000 on 26 Jul 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £950,000 | 26 Jul 2019 |
| Terraced |
| Freehold |
| Floor Area: 400 sq meters or 4,305 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 July 2019 the House Price Index for SHROPSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £950,000 results in an estimated price of approximately £1,171,705.
| 26 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £950,000 | £221,705 | £1,171,705 |
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 | -33.814 % | £-321,230 | £628,769 |
| 3 Month Average | 2.559 % | £24,314 | £974,314 |
| 6 Month Average | 14.375 % | £136,567 | £1,086,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £938,208 | £930,000 | 14 CLAREMONT HILL |
| 17 Feb 2023 | £401,730 | £402,000 | EIGHT STEPS CLAREMONT PLACE |
| 21 Oct 2022 | £390,792 | £395,000 | 18 CROSS HILL |
| 20 Jul 2022 | £899,421 | £897,000 | 5 - 6 CLAREMONT STREET |
| 5 Apr 2022 | £772,349 | £750,000 | 5 - 7 ST AUSTINS STREET |
This house has a floor area of 400 sq meters or 4,305 sq feet when measured on 1 Feb 2019. Using an estimated price of £1,171,706 means this house is valued at £2,929 per sq meter (£272 per sq foot).
The average size of a house on CLAREMONT HILL is 140 sq meters (1,515 sq feet).
This house is the largest in the street with a floor area of 400 sq meters (4,305 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Claremont Hill | |
| Mar 2024 | Anti-social behaviour | On or near Claremont Hill | |
| Feb 2024 | Anti-social behaviour | On or near Claremont Hill | |
| Feb 2024 | Anti-social behaviour | On or near Claremont Hill | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Claremont Hill |