£428,327
This estimated value is based upon the latest sale price for the house of £271,000 on 24 Aug 2007. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £271,000 | 24 Aug 2007 |
| £235,000 | 24 Sep 2004 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 August 2007 the House Price Index for SHROPSHIRE was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £271,000 results in an estimated price of approximately £428,327.
| 24 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 149.7 | 58.054 % | £271,000 | £157,327 | £428,327 |
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 | 80.992 % | £219,487 | £490,487 |
| 3 Month Average | 48.437 % | £131,263 | £402,263 |
| 6 Month Average | 38.724 % | £104,940 | £375,940 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2023 | £239,479 | £235,000 | 5 SMITHFIELD CLOSE |
| 24 Mar 2023 | £226,279 | £222,500 | 6 GROSVENOR ROAD |
| 15 Jul 2022 | £292,885 | £289,950 | 40 SMITHFIELD ROAD |
| 15 Jul 2022 | £449,504 | £445,000 | 47 SMITHFIELD ROAD |
| 1 Jul 2022 | £272,733 | £270,000 | 38A SMITHFIELD ROAD |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 12 Feb 2013. Using an estimated price of £428,327 means this house is valued at £3,196 per sq meter (£296 per sq foot).
The average size of a house on SMITHFIELD ROAD is 85 sq meters (924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Smithfield Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Smithfield Close |
| Jul 2024 | Anti-social behaviour | On or near Grosvenor Road | |
| Jun 2024 | Anti-social behaviour | On or near Grosvenor Road | |
| Jun 2024 | Anti-social behaviour | On or near Grosvenor Road |