£174,506
This estimated value is based upon the latest sale price for the house of £117,000 on 4 Dec 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£117,000 | 4 Dec 2014 |
£124,000 | 20 Mar 2008 |
£95,000 | 22 Sep 2005 |
£41,000 | 11 Jun 2001 |
Terraced |
Freehold |
Floor Area: 65 sq meters or 699 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 2014 the House Price Index for SHROPSHIRE was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £117,000 results in an estimated price of approximately £174,506.
4 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 148.6 | 49.151 % | £117,000 | £57,506 | £174,506 |
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 | 61.548 % | £72,011 | £189,011 |
3 Month Average | 45.744 % | £53,520 | £170,520 |
6 Month Average | 40.119 % | £46,939 | £163,939 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £138,422 | £136,000 | 9 VICTORIA ROAD |
29 Sep 2023 | £146,878 | £145,000 | 7 GOOSEFIELD CLOSE |
22 Feb 2023 | £259,825 | £260,000 | HOMELEA VICTORIA ROAD |
30 Nov 2022 | £177,846 | £180,000 | 23 VICTORIA ROAD |
15 Jul 2022 | £165,445 | £165,000 | 33 VICTORIA ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 9 Apr 2014. Using an estimated price of £174,507 means this house is valued at £2,684 per sq meter (£249 per sq foot).
The average size of a house on VICTORIA ROAD is 97 sq meters (1,052 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Unable to prosecute suspect | On or near Victoria Court |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Court |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Victoria Court |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Court |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Victoria Court |