£96,779
This estimated value is based upon the latest sale price for the house of £30,000 on 2 Nov 2001. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£30,000 | 2 Nov 2001 |
£30,000 | 2 Dec 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 35 sq meters or 381 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 November 2001 the House Price Index for SHROPSHIRE was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £30,000 results in an estimated price of approximately £96,779.
2 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.4 | 149.7 | 222.599 % | £30,000 | £66,779 | £96,779 |
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 | 337.653 % | £101,295 | £131,295 |
3 Month Average | 203.988 % | £61,196 | £91,196 |
6 Month Average | 187.604 % | £56,281 | £86,281 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £194,283 | £190,000 | 19 SIMONS ROAD |
2 Jun 2023 | £174,497 | £171,000 | 125 SALISBURY ROAD |
1 Mar 2023 | £188,142 | £185,000 | 121 SALISBURY ROAD |
6 Jan 2023 | £77,206 | £77,000 | 41 SIMONS ROAD |
29 Apr 2022 | £181,549 | £175,000 | 14 SIMONS ROAD |
This house has a floor area of 35 sq meters or 381 sq feet when measured on 27 Jan 2012. Using an estimated price of £96,780 means this house is valued at £2,730 per sq meter (£253 per sq foot).
The average size of a house on SIMONS ROAD is 57 sq meters (620 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Simons Road | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Simons Road |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Simons Road |
Jul 2024 | Anti-social behaviour | On or near Grotto Road | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Grotto Road |