£250,375
This estimated value is based upon the latest sale price for the house of £203,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £203,000 | 12 Jul 2019 |
| £142,000 | 5 May 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 July 2019 the House Price Index for SHROPSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £203,000 results in an estimated price of approximately £250,375.
| 12 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £203,000 | £47,375 | £250,375 |
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 | 13.629 % | £27,666 | £230,666 |
| 3 Month Average | 18.966 % | £38,501 | £241,501 |
| 6 Month Average | 18.827 % | £38,219 | £241,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £131,954 | £130,000 | APARTMENT 3 THE LODGE ALEXANDRA ROAD |
| 12 Jul 2023 | £415,593 | £410,000 | 57 ALEXANDRA ROAD |
| 26 Apr 2023 | £321,461 | £318,000 | 68 PROSPECT ROAD |
| 21 Apr 2023 | £166,796 | £165,000 | 12 OAKFIELD ROAD |
| 23 Mar 2023 | £277,615 | £275,000 | 2 WESTLAND ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 30 Apr 2019. Using an estimated price of £250,375 means this house is valued at £2,069 per sq meter (£192 per sq foot).
The average size of a house on WESTLAND ROAD is 113 sq meters (1,217 sq feet).
This house is the largest in the street with a floor area of 121 sq meters (1,302 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Longslow Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grotto Road |