£275,882
This estimated value is based upon the latest sale price for the house of £120,000 on 29 Sep 2003. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 29 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 September 2003 the House Price Index for SHROPSHIRE was 65.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 129.902%.Applying this 129.902% change to the original purchase price of £120,000 results in an estimated price of approximately £275,882.
| 29 Sep 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 149.7 | 129.902 % | £120,000 | £155,882 | £275,882 |
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 | 152.534 % | £183,040 | £303,040 |
| 3 Month Average | 98.442 % | £118,130 | £238,130 |
| 6 Month Average | 84.402 % | £101,282 | £221,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £180,000 | £180,000 | 9 KILN BANK ROAD |
| 3 Mar 2023 | £149,497 | £147,000 | 55 SHROPSHIRE STREET |
| 25 Aug 2022 | £105,493 | £105,000 | FLAT 1 RED HOUSES SHROPSHIRE STREET |
| 15 Aug 2022 | £107,503 | £107,000 | FLAT 6 RED HOUSES SHROPSHIRE STREET |
| 12 Aug 2022 | £82,385 | £82,000 | FLAT 3 RED HOUSES SHROPSHIRE STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 6 Dec 2019. Using an estimated price of £275,883 means this house is valued at £4,675 per sq meter (£434 per sq foot).
The average size of a house on SHROPSHIRE STREET is 110 sq meters (1,185 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shropshire Street |
| Jul 2024 | Bicycle theft | Under investigation | On or near Shropshire Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Shropshire Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shropshire Street |
| Apr 2024 | Anti-social behaviour | On or near Shropshire Street |