£242,458
This estimated value is based upon the latest sale price for the house of £225,000 on 20 Sep 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 20 Sep 2021 |
| Semi-Detached |
| Freehold |
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 September 2021 the House Price Index for SHROPSHIRE was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £225,000 results in an estimated price of approximately £242,458.
| 20 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £225,000 | £17,458 | £242,458 |
The Postcode Pricing Model uses changes in average sales price within the SY4 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 | 12.777 % | £28,747 | £253,747 |
| 3 Month Average | 45.200 % | £101,699 | £326,699 |
| 6 Month Average | 2.922 % | £6,574 | £231,574 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jan 2023 | £572,304 | £575,000 | 28 CHAPEL ROAD |
| 9 Mar 2022 | £248,703 | £240,000 | 5 CHAPEL ROAD |
| 18 Feb 2022 | £419,478 | £400,000 | BERMUDAN HALL DRIVE |
| 11 Feb 2022 | £592,512 | £565,000 | THE GLEN HALL DRIVE |
| 7 Dec 2021 | £326,770 | £305,000 | INFIL HOUSE SHREWSBURY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Magdalene View |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Magdalene View |