£197,162
This estimated value is based upon the latest sale price for the house of £160,000 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 23 Nov 2018 |
| £60,000 | 18 Jan 1999 |
| Detached |
| Freehold |
| Floor Area: 53 sq meters or 570 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 2018 the House Price Index for SHROPSHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £160,000 results in an estimated price of approximately £197,162.
| 23 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £160,000 | £37,162 | £197,162 |
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 | 30.480 % | £48,767 | £208,767 |
| 3 Month Average | 22.543 % | £36,068 | £196,068 |
| 6 Month Average | 24.979 % | £39,966 | £199,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £337,658 | £331,750 | 107 CHESHIRE STREET |
| 4 Dec 2023 | £180,152 | £177,000 | 5 TOWERS LAWN COURT |
| 29 Sep 2023 | £121,504 | £119,950 | 1 MERCIAN COURT |
| 28 Jul 2023 | £380,116 | £375,000 | 24 MAER LANE |
| 30 Jun 2023 | £106,287 | £105,000 | 23 MERCIAN COURT |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 25 Aug 2017. Using an estimated price of £197,162 means this house is valued at £3,720 per sq meter (£345 per sq foot).
The average size of a house on CHESHIRE GARDENS is 67 sq meters (723 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |