£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 |
£87,500 | 2 Apr 2012 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 933 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 SY11 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 | 31.817 % | £36,589 | £151,589 |
3 Month Average | 19.832 % | £22,806 | £137,806 |
6 Month Average | 26.710 % | £30,716 | £145,716 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £145,000 | £145,000 | 3 GITTIN STREET |
30 Nov 2023 | £107,238 | £105,650 | 12 BEATRICE COURT GITTIN STREET |
29 Aug 2023 | £113,493 | £112,500 | 4 BEATRICE COTTAGE ALBERT ROAD |
6 Apr 2023 | £135,964 | £134,500 | 8 BEATRICE COTTAGE ALBERT ROAD |
6 Apr 2023 | £192,068 | £190,000 | 26 GITTIN STREET |
This house has a floor area of 86 sq meters or 933 sq feet when measured on 26 Mar 2012. Using an estimated price of £155,335 means this house is valued at £1,791 per sq meter (£166 per sq foot).
The average size of a house on SWAN LANE is 131 sq meters (1,412 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Under investigation | On or near Hignett Place |
Feb 2024 | Anti-social behaviour | On or near Hignett Place | |
Feb 2024 | Anti-social behaviour | On or near Hignett Place | |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hignett Place |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hignett Place |