£284,041
This estimated value is based upon the latest sale price for the house of £245,000 on 30 Nov 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£245,000 | 30 Nov 2020 |
£208,500 | 31 Jul 2017 |
Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 2020 the House Price Index for SHROPSHIRE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £245,000 results in an estimated price of approximately £284,041.
30 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £245,000 | £39,041 | £284,041 |
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 | 7.553 % | £18,505 | £263,505 |
3 Month Average | 2.475 % | £6,063 | £251,063 |
6 Month Average | 10.054 % | £24,633 | £269,633 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £138,422 | £136,000 | 9 VICTORIA ROAD |
28 Jul 2023 | £162,183 | £160,000 | 79 LONGSLOW ROAD |
21 Apr 2023 | £166,796 | £165,000 | 12 OAKFIELD ROAD |
1 Mar 2023 | £297,806 | £295,000 | 116 LONGSLOW ROAD |
30 Nov 2022 | £177,846 | £180,000 | 23 VICTORIA ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 13 Aug 2020. Using an estimated price of £284,042 means this house is valued at £2,757 per sq meter (£256 per sq foot).
The average size of a house on VICTORIA ROAD is 97 sq meters (1,052 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Longslow Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Court |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Victoria Court |
Apr 2024 | Other crime | Unable to prosecute suspect | On or near Victoria Court |