£320,008
This estimated value is based upon the latest sale price for the house of £205,000 on 7 Sep 2007. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£205,000 | 7 Sep 2007 |
£130,000 | 7 Apr 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 106 sq meters or 1,140 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 2007 the House Price Index for SHROPSHIRE was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £205,000 results in an estimated price of approximately £320,008.
7 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.2 | 148.6 | 56.101 % | £205,000 | £115,008 | £320,008 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | -15.279 % | £-31,321 | £173,678 |
3 Month Average | 30.390 % | £62,299 | £267,299 |
6 Month Average | 39.142 % | £80,241 | £285,241 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £184,357 | £182,000 | 7 CORNMILL SQUARE |
4 Sep 2023 | £209,681 | £207,000 | 13 NEW PARK ROAD |
31 Mar 2023 | £161,522 | £160,000 | 5 CORNMILL SQUARE |
6 Mar 2023 | £186,760 | £185,000 | 3 CORNMILL SQUARE |
6 Mar 2023 | £204,931 | £203,000 | 62 ST MICHAELS GATE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 24 Jan 2013. Using an estimated price of £320,008 means this house is valued at £3,018 per sq meter (£280 per sq foot).
The average size of a house on CORNMILL SQUARE is 84 sq meters (910 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cornmill Square |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornmill Square |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornmill Square |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cornmill Square |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Cornmill Square |