£209,230
This estimated value is based upon the latest sale price for the house of £125,000 on 11 Mar 2013. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 11 Mar 2013 |
| £59,500 | 6 Sep 1996 |
| £53,950 | 4 Dec 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2013 the House Price Index for SHROPSHIRE was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £125,000 results in an estimated price of approximately £209,230.
| 11 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.384 % | £125,000 | £84,230 | £209,230 |
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 | 74.601 % | £93,250 | £218,250 |
| 3 Month Average | 56.241 % | £70,300 | £195,300 |
| 6 Month Average | 47.273 % | £59,090 | £184,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £400,000 | £400,000 | GOODRICKE HOUSE SCHOOL LANE |
| 8 Mar 2024 | £270,000 | £270,000 | CORONATION COTTAGE, 237 SHREWSBURY ROAD |
| 25 Aug 2023 | £706,178 | £700,000 | ELMHURST HOUSE BUNTINGSDALE ROAD |
| 4 Aug 2023 | £539,722 | £535,000 | 6 BUNTINGSDALE ROAD |
| 14 Jul 2023 | £182,456 | £180,000 | KINVARA SCHOOL LANE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 13 Aug 2019. Using an estimated price of £209,230 means this house is valued at £2,905 per sq meter (£269 per sq foot).
The average size of a house on HOSPITAL LANE is 75 sq meters (816 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kings Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kings Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kings Avenue |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near School Lane |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Holly Drive |