£388,831
This estimated value is based upon the latest sale price for the house of £380,000 on 12 Feb 2024. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£380,000 | 12 Feb 2024 |
£93,000 | 25 Jun 2001 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 February 2024 the House Price Index for SHROPSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £380,000 results in an estimated price of approximately £388,831.
12 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £380,000 | £8,831 | £388,831 |
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 | 82.061 % | £311,832 | £691,832 |
3 Month Average | 17.200 % | £65,359 | £445,359 |
6 Month Average | 4.081 % | £15,506 | £395,506 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £359,116 | £350,000 | ROSECROFT 23 PROSPECT ROAD |
31 Oct 2023 | £332,553 | £325,000 | 48 PROSPECT ROAD |
12 Oct 2023 | £465,574 | £455,000 | ORCHARD COURT CEMETERY ROAD |
31 Aug 2023 | £386,980 | £380,000 | 1 TUDOR CLOSE |
1 Mar 2023 | £300,010 | £295,000 | 116 LONGSLOW ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 5 Nov 2013.
The average size of a house on PROSPECT ROAD is 130 sq meters (1,408 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Marley Mount Crescent | |
May 2024 | Anti-social behaviour | On or near Marley Mount Crescent | |
May 2024 | Anti-social behaviour | On or near Marley Mount Crescent | |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashbourne Drive |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashley View |