£318,913
This estimated value is based upon the latest sale price for the house of £320,000 on 6 Apr 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 6 Apr 2023 |
| £230,000 | 13 Dec 2011 |
| £72,000 | 19 Dec 1997 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 838 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 April 2023 the House Price Index for SHROPSHIRE was 147.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.340%.Applying this -0.340% change to the original purchase price of £320,000 results in an estimated price of approximately £318,913.
| 6 Apr 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 146.7 | -0.340 % | £320,000 | £-1,086 | £318,913 |
The Postcode Pricing Model uses changes in average sales price within the TF11 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 | -32.857 % | £-105,142 | £214,857 |
| 3 Month Average | 6.624 % | £21,197 | £341,197 |
| 6 Month Average | -2.753 % | £-8,810 | £311,189 |
This house has a floor area of 77 sq meters or 838 sq feet when measured on 23 Sep 2011.
The average size of a house on SILVERMERE PARK is 130 sq meters (1,408 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (838 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Mere Close | |
| Jan 2024 | Anti-social behaviour | On or near Mere Close | |
| Jan 2024 | Anti-social behaviour | On or near Mere Close | |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Park Street |
| Feb 2024 | Anti-social behaviour | On or near Park Street |