£86,814
This estimated value is based upon the latest sale price for the house of £50,000 on 9 Nov 2011. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £50,000 | 9 Nov 2011 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2011 the House Price Index for SHROPSHIRE was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £50,000 results in an estimated price of approximately £86,814.
| 9 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £50,000 | £36,814 | £86,814 |
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 | 114.525 % | £57,262 | £107,262 |
| 3 Month Average | 46.400 % | £23,200 | £73,200 |
| 6 Month Average | 43.392 % | £21,695 | £71,695 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £428,723 | £425,000 | 38 STAFFORD STREET |
| 26 Apr 2024 | £73,135 | £72,500 | FLAT 2 22 STAFFORD STREET |
| 14 Dec 2023 | £134,121 | £130,000 | 4 GREAT HALES STREET |
| 22 Sep 2023 | £301,650 | £295,000 | STAGS HEAD GREAT HALES STREET |
| 8 Mar 2023 | £80,342 | £79,000 | 4 CROSS STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 24 Jan 2013. Using an estimated price of £86,814 means this house is valued at £1,496 per sq meter (£139 per sq foot).
The average size of a house on GREAT HALES STREET is 136 sq meters (1,464 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Phoenix Bank |
| Jul 2024 | Anti-social behaviour | On or near Great Hales Street | |
| Apr 2024 | Drugs | Local resolution | On or near Great Hales Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cross Street |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Cross Street |