£188,980
This estimated value is based upon the latest sale price for the house of £110,000 on 23 May 2012. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£110,000 | 23 May 2012 |
£100,000 | 4 Oct 2011 |
£56,000 | 31 May 2002 |
Semi-Detached |
Freehold |
Floor Area: 40 sq meters or 435 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 May 2012 the House Price Index for SHROPSHIRE was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £110,000 results in an estimated price of approximately £188,980.
23 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 149.7 | 71.800 % | £110,000 | £78,980 | £188,980 |
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 | 117.353 % | £129,087 | £239,087 |
3 Month Average | 51.055 % | £56,160 | £166,160 |
6 Month Average | 48.832 % | £53,715 | £163,715 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £186,621 | £185,000 | 5 CYPRESS CLOSE |
29 Sep 2023 | £194,283 | £190,000 | 19 SIMONS ROAD |
25 Jan 2023 | £278,243 | £277,500 | 8 ALEXANDRA ROAD |
6 Jan 2023 | £77,206 | £77,000 | 41 SIMONS ROAD |
18 Aug 2022 | £243,137 | £242,000 | 43 ALEXANDRA ROAD |
This house has a floor area of 40 sq meters or 435 sq feet when measured on 23 Sep 2011. Using an estimated price of £188,980 means this house is valued at £4,666 per sq meter (£433 per sq foot).
The average size of a house on GROTTO ROAD is 88 sq meters (952 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (435 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Grotto Road | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Grotto Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Grotto Road |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grotto Road |
Jul 2024 | Anti-social behaviour | On or near Simons Road |