£217,474
This estimated value is based upon the latest sale price for the house of £159,950 on 22 Feb 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£159,950 | 22 Feb 2016 |
£159,950 | 22 Feb 2016 |
£144,000 | 1 Aug 2012 |
Detached |
Freehold |
Floor Area: 55 sq meters or 592 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 February 2016 the House Price Index for SHROPSHIRE was 108.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 35.964%.Applying this 35.964% change to the original purchase price of £159,950 results in an estimated price of approximately £217,474.
22 Feb 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 148.0 | 35.964 % | £159,950 | £57,524 | £217,474 |
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 | 16.252 % | £25,995 | £185,945 |
3 Month Average | 38.346 % | £61,334 | £221,284 |
6 Month Average | 39.213 % | £62,720 | £222,670 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £338,147 | £331,750 | 107 CHESHIRE STREET |
4 Dec 2023 | £180,413 | £177,000 | 5 TOWERS LAWN COURT |
28 Jul 2023 | £378,581 | £375,000 | 24 MAER LANE |
30 Jun 2023 | £105,858 | £105,000 | 23 MERCIAN COURT |
17 Mar 2023 | £85,462 | £85,000 | 41 MERCIAN COURT |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 1 Mar 2013. Using an estimated price of £217,474 means this house is valued at £3,954 per sq meter (£367 per sq foot).
The average size of a house on CHESHIRE GARDENS is 69 sq meters (747 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |