£193,471
This estimated value is based upon the latest sale price for the house of £46,000 on 3 Sep 1999. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £46,000 | 3 Sep 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 1999 the House Price Index for SHROPSHIRE was 35.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 320.589%.Applying this 320.589% change to the original purchase price of £46,000 results in an estimated price of approximately £193,471.
| 3 Sep 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 148.6 | 320.589 % | £46,000 | £147,471 | £193,471 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | 129.646 % | £59,637 | £105,637 |
| 3 Month Average | 252.397 % | £116,102 | £162,102 |
| 6 Month Average | 275.145 % | £126,566 | £172,566 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £174,585 | £172,000 | 28 MORRIS CLOSE |
| 27 Sep 2023 | £172,810 | £170,600 | 2 CORBET CLOSE |
| 28 Jul 2023 | £197,660 | £195,000 | 8 CORBET CLOSE |
| 6 Jun 2023 | £187,268 | £185,000 | 14 HODGKINSON WALK |
| 2 Jun 2023 | £197,391 | £195,000 | 12 CORBET CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 20 Jul 2020. Using an estimated price of £193,471 means this house is valued at £2,545 per sq meter (£236 per sq foot).
The average size of a house on MIDDLEGATE is 88 sq meters (950 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Middlegate |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Middlegate |
| Feb 2024 | Anti-social behaviour | On or near Overstone | |
| Feb 2024 | Anti-social behaviour | On or near Overstone | |
| Jan 2024 | Anti-social behaviour | On or near Overstone |