£416,653
This estimated value is based upon the latest sale price for the house of £77,500 on 24 Jan 1997. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£77,500 | 24 Jan 1997 |
Semi-Detached |
Freehold |
Floor Area: 151 sq meters or 1,625 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 January 1997 the House Price Index for SHROPSHIRE was 27.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 437.617%.Applying this 437.617% change to the original purchase price of £77,500 results in an estimated price of approximately £416,653.
24 Jan 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.8 | 149.7 | 437.617 % | £77,500 | £339,153 | £416,653 |
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 | 484.554 % | £375,529 | £453,029 |
3 Month Average | 325.094 % | £251,947 | £329,447 |
6 Month Average | 304.827 % | £236,240 | £313,740 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £73,135 | £72,500 | FLAT 2 22 STAFFORD STREET |
4 Dec 2023 | £182,611 | £177,000 | 5 TOWERS LAWN COURT |
10 Feb 2023 | £183,224 | £182,000 | 6 DAIRY CLOSE |
15 Jul 2022 | £292,885 | £289,950 | 40 SMITHFIELD ROAD |
13 Jul 2022 | £168,185 | £166,500 | 19 DAIRY CLOSE |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 11 Jan 2017. Using an estimated price of £416,653 means this house is valued at £2,759 per sq meter (£256 per sq foot).
The average size of a house on THE BURGAGE is 125 sq meters (1,347 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Parking Area | |
May 2024 | Anti-social behaviour | On or near Parking Area | |
May 2024 | Anti-social behaviour | On or near Parking Area | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Burgage Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burgage Close |