£155,334
This estimated value is based upon the latest sale price for the house of £115,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 31 Mar 2016 |
| £145,000 | 14 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 605 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 March 2016 the House Price Index for SHROPSHIRE was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £115,000 results in an estimated price of approximately £155,334.
| 31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £115,000 | £40,334 | £155,334 |
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 | 50.044 % | £57,550 | £172,550 |
| 3 Month Average | 35.205 % | £40,485 | £155,485 |
| 6 Month Average | 38.666 % | £44,465 | £159,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2023 | £237,558 | £235,000 | 5 SMITHFIELD CLOSE |
| 24 Mar 2023 | £224,616 | £222,500 | 6 GROSVENOR ROAD |
| 14 Oct 2022 | £174,620 | £176,500 | 44 GREAT HALES STREET |
| 14 Sep 2022 | £158,718 | £160,000 | HIGHBURY HOUSE GREAT HALES STREET |
| 10 Jun 2022 | £119,184 | £117,500 | 5B SMITHFIELD CLOSE |
This house has a floor area of 56 sq meters or 605 sq feet when measured on 18 Dec 2008. Using an estimated price of £155,335 means this house is valued at £2,763 per sq meter (£256 per sq foot).
The average size of a house on STAFFORD STREET is 134 sq meters (1,444 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stafford Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stafford Street |
| Apr 2024 | Other crime | Under investigation | On or near Longlands Lane |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Longlands Lane |
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Longlands Lane |