£299,603
This estimated value is based upon the latest sale price for the house of £295,000 on 8 Mar 2024. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£295,000 | 8 Mar 2024 |
£277,000 | 5 Jul 2021 |
£277,000 | 25 Feb 2019 |
£150,000 | 17 May 2013 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 March 2024 the House Price Index for SHROPSHIRE was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £295,000 results in an estimated price of approximately £299,603.
8 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.4 | 149.7 | 1.560 % | £295,000 | £4,603 | £299,603 |
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 | -13.556 % | £-39,989 | £255,010 |
3 Month Average | -2.039 % | £-6,014 | £288,985 |
6 Month Average | 14.981 % | £44,195 | £339,195 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £299,603 | £295,000 | 32 WEST CASTLE STREET |
4 Mar 2024 | £411,320 | £405,000 | 15 WEST CASTLE STREET |
6 Dec 2023 | £165,072 | £160,000 | 50 RAILWAY STREET |
30 Nov 2023 | £254,459 | £248,000 | 30 RAILWAY STREET |
30 Nov 2023 | £177,506 | £173,000 | 49 RAILWAY STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 25 Mar 2014. Using an estimated price of £299,603 means this house is valued at £3,792 per sq meter (£352 per sq foot).
The average size of a house on WEST CASTLE STREET is 83 sq meters (896 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near West Castle Street |
Jul 2024 | Vehicle crime | Under investigation | On or near East Castle Street |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near East Castle Street |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Postern Gate |
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Postern Gate |