£81,487
This estimated value is based upon the latest sale price for the house of £71,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £71,000 | 18 Dec 2020 |
| £64,950 | 22 Oct 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 529 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 December 2020 the House Price Index for SHROPSHIRE was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £71,000 results in an estimated price of approximately £81,487.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £71,000 | £10,487 | £81,487 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | -7.721 % | £-5,481 | £65,518 |
| 3 Month Average | -5.828 % | £-4,138 | £66,861 |
| 6 Month Average | -0.538 % | £-382 | £70,617 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £71,969 | £71,000 | 35 UNICORN ROAD |
| 13 Mar 2023 | £145,370 | £144,000 | 5 SHELF BANK COTTAGES |
| 21 Nov 2022 | £142,277 | £144,000 | 2 SHELF BANK COTTAGES |
| 26 Aug 2022 | £149,597 | £150,000 | 46 MONKMOOR ROAD |
| 21 Jun 2022 | £192,673 | £189,950 | 16 GOBOWEN ROAD |
This house has a floor area of 49 sq meters or 529 sq feet when measured on 16 Dec 2011. Using an estimated price of £81,488 means this house is valued at £1,656 per sq meter (£153 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Shelf Bank Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Shelf Bank Close |
| Dec 2023 | Other theft | Under investigation | On or near Shelf Bank Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen Elizabeth Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen Elizabeth Close |