£262,460
This estimated value is based upon the latest sale price for the house of £185,000 on 25 Sep 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £185,000 | 25 Sep 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 September 2015 the House Price Index for SHROPSHIRE was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £185,000 results in an estimated price of approximately £262,460.
| 25 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £185,000 | £77,460 | £262,460 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 61.637 % | £114,029 | £299,029 |
| 3 Month Average | 32.383 % | £59,909 | £244,909 |
| 6 Month Average | 33.927 % | £62,765 | £247,765 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £213,740 | £210,000 | 3 THE OLD MEADOW |
| 10 Nov 2023 | £253,756 | £249,999 | 89 THE OLD MEADOW |
| 3 Nov 2023 | £225,336 | £222,000 | 61 THE OLD MEADOW |
| 3 Aug 2023 | £197,225 | £195,500 | 110 THE OLD MEADOW |
| 23 Jun 2023 | £190,811 | £188,500 | 2 THE OLD MEADOW |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 8 Sep 2015. Using an estimated price of £262,461 means this house is valued at £5,047 per sq meter (£468 per sq foot).
The average size of a house on THE OLD MEADOW is 71 sq meters (765 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Portobello |
| Mar 2024 | Anti-social behaviour | On or near Nightclub | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nightclub |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nightclub |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nightclub |