£166,779
This estimated value is based upon the latest sale price for the house of £136,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £136,000 | 25 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 October 2019 the House Price Index for SHROPSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £136,000 results in an estimated price of approximately £166,779.
| 25 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £136,000 | £30,779 | £166,779 |
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 | 13.250 % | £18,020 | £154,020 |
| 3 Month Average | 12.845 % | £17,468 | £153,468 |
| 6 Month Average | 17.724 % | £24,105 | £160,105 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £192,855 | £190,000 | 8 PARK STREET CLOSE |
| 7 Aug 2023 | £378,310 | £375,000 | 54A 54B 56 & 56A SALOP ROAD |
| 28 Jul 2023 | £168,771 | £166,500 | 11 STEWART ROAD |
| 16 Mar 2023 | £122,151 | £121,000 | 1C STEWART ROAD |
| 31 Aug 2022 | £199,463 | £200,000 | 20 PARK STREET |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 17 Oct 2019. Using an estimated price of £166,780 means this house is valued at £2,033 per sq meter (£188 per sq foot).
The average size of a house on SALOP ROAD is 110 sq meters (1,185 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Salop Road | |
| Dec 2023 | Anti-social behaviour | On or near Salop Road | |
| Dec 2023 | Anti-social behaviour | On or near Salop Road | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Salop Road |
| Dec 2023 | Anti-social behaviour | On or near Salop Road |