£918,705
This estimated value is based upon the latest sale price for the house of £857,500 on 15 Dec 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £857,500 | 15 Dec 2021 |
| £464,995 | 10 Dec 2018 |
| £365,000 | 5 Jun 2015 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 December 2021 the House Price Index for SHROPSHIRE was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £857,500 results in an estimated price of approximately £918,705.
| 15 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £857,500 | £61,205 | £918,705 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 5.639 % | £48,353 | £905,853 |
| 3 Month Average | 16.407 % | £140,689 | £998,189 |
| 6 Month Average | 10.343 % | £88,693 | £946,193 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £303,678 | £300,000 | 17 ASHLEY STREET |
| 3 Feb 2023 | £394,734 | £395,000 | 100 UNDERDALE ROAD |
| 23 Aug 2022 | £322,632 | £323,500 | 11 MONKMOOR AVENUE |
| 1 Jul 2022 | £1,003 | £1,000 | GARAGE AT 78B UNDERDALE ROAD |
| 29 Jun 2022 | £278,942 | £275,000 | 14 MONKMOOR CRESCENT |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 15 Jul 2021. Using an estimated price of £918,706 means this house is valued at £6,124 per sq meter (£569 per sq foot).
The average size of a house on UNDERDALE ROAD is 147 sq meters (1,582 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Underdale Avenue |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Underdale Avenue |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Underdale Avenue |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Underdale Avenue |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Ashley Street |