£230,426
This estimated value is based upon the latest sale price for the house of £41,500 on 5 Jul 1996. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£41,500 | 5 Jul 1996 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 879 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 1996 the House Price Index for SHROPSHIRE was 26.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 455.244%.Applying this 455.244% change to the original purchase price of £41,500 results in an estimated price of approximately £230,426.
5 Jul 1996 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.7 | 148.0 | 455.244 % | £41,500 | £188,926 | £230,426 |
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 | 358.547 % | £148,796 | £190,296 |
3 Month Average | 342.931 % | £142,316 | £183,816 |
6 Month Average | 325.893 % | £135,245 | £176,745 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £162,000 | £162,000 | 2 DALELANDS WEST |
28 Mar 2024 | £260,881 | £260,000 | 21 MELROSE CRESCENT |
4 Dec 2023 | £229,339 | £225,000 | 2 MELROSE CRESCENT |
30 Nov 2023 | £288,706 | £285,000 | 15 MELROSE CRESCENT |
20 Oct 2022 | £172,437 | £175,000 | 13 DALELANDS ESTATE |
This house has a floor area of 81 sq meters or 879 sq feet when measured on 4 May 2010. Using an estimated price of £230,426 means this house is valued at £2,820 per sq meter (£261 per sq foot).
The average size of a house on DALELANDS ESTATE is 87 sq meters (947 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dalelands Estate |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Hungry Lane |
Apr 2024 | Anti-social behaviour | On or near Red Bank Lane | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Red Bank Lane |
Apr 2024 | Anti-social behaviour | On or near Charlesway |