£206,286
This estimated value is based upon the latest sale price for the house of £121,500 on 22 Oct 2012. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £121,500 | 22 Oct 2012 |
| £47,000 | 28 Jul 2000 |
| £39,500 | 20 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 October 2012 the House Price Index for SHROPSHIRE was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £121,500 results in an estimated price of approximately £206,286.
| 22 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £121,500 | £84,786 | £206,286 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 35.307 % | £42,897 | £164,397 |
| 3 Month Average | 26.611 % | £32,332 | £153,832 |
| 6 Month Average | 34.686 % | £42,143 | £163,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £374,748 | £375,000 | THE SYCAMORES, 34 VICTORIA ROAD |
| 4 Nov 2022 | £306,290 | £310,000 | 10 VICTORIA FIELDS |
| 2 Sep 2022 | £210,798 | £212,500 | 33 FERRERS ROAD |
| 31 Aug 2022 | £199,463 | £200,000 | 20 PARK STREET |
| 2 Aug 2022 | £150,595 | £151,000 | 23 VICTORIA FIELDS |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 23 Jul 2012. Using an estimated price of £206,286 means this house is valued at £2,644 per sq meter (£245 per sq foot).
The average size of a house on VICTORIA FIELDS is 98 sq meters (1,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Queen'S Park |