£174,578
This estimated value is based upon the latest sale price for the house of £130,000 on 6 May 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 6 May 2016 |
| £117,000 | 28 Apr 2006 |
| £116,500 | 29 Jul 2005 |
| £48,000 | 24 Jan 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 May 2016 the House Price Index for SHROPSHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £130,000 results in an estimated price of approximately £174,578.
| 6 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £130,000 | £44,578 | £174,578 |
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 | 82.328 % | £107,026 | £237,026 |
| 3 Month Average | 46.504 % | £60,454 | £190,454 |
| 6 Month Average | 38.463 % | £50,001 | £180,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £161,832 | £159,000 | 120 SHREWSBURY ROAD |
| 28 Jul 2023 | £126,705 | £125,000 | 6 RED BANK LANE |
| 16 Aug 2022 | £142,616 | £143,000 | 76 DALELANDS ESTATE |
| 16 May 2022 | £172,246 | £169,000 | 109 SHREWSBURY ROAD |
| 31 Mar 2022 | £139,895 | £135,000 | 49 SALISBURY ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 14 Jun 2016. Using an estimated price of £174,579 means this house is valued at £2,391 per sq meter (£222 per sq foot).
The average size of a house on SALISBURY ROAD is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Salisbury Road | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Salisbury Road |
| Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Salisbury Road |
| Feb 2024 | Anti-social behaviour | On or near Salisbury Road | |
| Feb 2024 | Anti-social behaviour | On or near Salisbury Road |