£416,333
This estimated value is based upon the latest sale price for the house of £285,250 on 26 May 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,250 | 26 May 2015 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 May 2015 the House Price Index for SHROPSHIRE was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £285,250 results in an estimated price of approximately £416,333.
| 26 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £285,250 | £131,083 | £416,333 |
The Postcode Pricing Model uses changes in average sales price within the SY3 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 | 72.167 % | £205,856 | £491,106 |
| 3 Month Average | 53.203 % | £151,761 | £437,011 |
| 6 Month Average | 50.340 % | £143,595 | £428,845 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £334,959 | £330,000 | 68 COPTHORNE PARK |
| 7 Jul 2023 | £425,730 | £420,000 | 4 WESTWOOD DRIVE |
| 13 Jun 2023 | £232,770 | £229,950 | 22 SHORNCLIFFE DRIVE |
| 17 Dec 2021 | £251,774 | £235,000 | 19 SHORNCLIFFE DRIVE |
| 13 Oct 2021 | £295,983 | £267,500 | 30 WESTWOOD DRIVE |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 27 Jan 2015. Using an estimated price of £416,334 means this house is valued at £2,775 per sq meter (£257 per sq foot).
The average size of a house on SALAMANCA AVENUE is 172 sq meters (1,854 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Thornhill Road | |
| Dec 2023 | Anti-social behaviour | On or near Thornhill Road | |
| Dec 2023 | Anti-social behaviour | On or near Thornhill Road | |
| Dec 2023 | Anti-social behaviour | On or near Thornhill Road | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Larkhill Road |