£392,982
This estimated value is based upon the latest sale price for the house of £335,000 on 7 Oct 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£335,000 | 7 Oct 2020 |
£295,000 | 6 Feb 2018 |
£260,000 | 14 Apr 2005 |
£225,000 | 18 Jul 2002 |
Terraced |
Freehold |
Floor Area: 143 sq meters or 1,539 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 October 2020 the House Price Index for SHROPSHIRE was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £335,000 results in an estimated price of approximately £392,982.
7 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £335,000 | £57,982 | £392,982 |
The Postcode Pricing Model uses changes in average sales price within the WV16 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 | 64.289 % | £215,369 | £550,369 |
3 Month Average | 55.777 % | £186,852 | £521,852 |
6 Month Average | 17.070 % | £57,182 | £392,182 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £271,520 | £267,500 | 31 RIVERSIDE |
29 Sep 2023 | £324,145 | £320,000 | 28 FRIARS STREET |
28 Jul 2023 | £354,775 | £350,000 | 33 CARTWAY |
4 Apr 2023 | £191,057 | £189,000 | 24 CARTWAY |
20 Jan 2023 | £209,015 | £210,000 | 94 CARTWAY |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 31 Jan 2018. Using an estimated price of £392,983 means this house is valued at £2,748 per sq meter (£255 per sq foot).
The average size of a house on RIVERSIDE is 78 sq meters (843 sq feet).
This house is the largest in the street with a floor area of 143 sq meters (1,539 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Parking Area | |
Jan 2024 | Anti-social behaviour | On or near Parking Area | |
Jan 2024 | Anti-social behaviour | On or near Parking Area | |
Jan 2024 | Anti-social behaviour | On or near Parking Area | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near River Side |