£327,853
This estimated value is based upon the latest sale price for the house of £323,000 on 24 Nov 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£323,000 | 24 Nov 2023 |
£195,000 | 28 Feb 2020 |
Semi-Detached |
Freehold |
Floor Area: 110 sq meters or 1,184 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 2023 the House Price Index for SHROPSHIRE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £323,000 results in an estimated price of approximately £327,853.
24 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 148.6 | 1.503 % | £323,000 | £4,853 | £327,853 |
The Postcode Pricing Model uses changes in average sales price within the SY13 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 | 15.176 % | £49,018 | £372,018 |
3 Month Average | -8.752 % | £-28,269 | £294,730 |
6 Month Average | -3.330 % | £-10,754 | £312,245 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £327,854 | £323,000 | 5 QUEENS ROAD |
20 Jun 2023 | £450,456 | £445,000 | 51 TALBOT STREET |
19 Jun 2023 | £126,533 | £125,000 | 14 WORTHINGTON STREET |
6 Jun 2023 | £151,839 | £150,000 | 22 TALBOT STREET |
2 Jun 2023 | £141,717 | £140,000 | 20 EGERTON ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 24 Apr 2014. Using an estimated price of £327,854 means this house is valued at £2,980 per sq meter (£276 per sq foot).
There is one other house on the street which we know the size of, this is 6 QUEENS ROAD it is 99.2
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Salisbury Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Station Road |