£583,359
This estimated value is based upon the latest sale price for the house of £402,300 on 1 Jul 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£402,300 | 1 Jul 2015 |
Freehold |
Floor Area: 39 sq meters or 423 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 July 2015 the House Price Index for SHROPSHIRE was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £402,300 results in an estimated price of approximately £583,359.
1 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £402,300 | £181,059 | £583,359 |
The Postcode Pricing Model uses changes in average sales price within the SY4 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 | 17.419 % | £70,074 | £472,374 |
3 Month Average | 54.562 % | £219,502 | £621,802 |
6 Month Average | 59.162 % | £238,010 | £640,310 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £363,159 | £352,000 | 19 ASTON STREET |
8 Nov 2023 | £212,391 | £207,000 | 18 ISHERWOODS WAY |
4 Aug 2023 | £147,663 | £145,000 | THE LOG CABIN |
28 Apr 2023 | £157,954 | £155,000 | 38 HARRIS CROFT |
24 Feb 2023 | £156,042 | £155,000 | 11 HARRIS CROFT |
This house has a floor area of 39 sq meters or 423 sq feet when measured on 25 Nov 2008. Using an estimated price of £583,360 means this house is valued at £14,824 per sq meter (£1,377 per sq foot).
There is one other house on the street which we know the size of, this is 1 ISHERWOODS WAY it is 58.3
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Isherwoods Way |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Isherwoods Way |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Isherwoods Way |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Isherwoods Way |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Wem |