£248,121
This estimated value is based upon the latest sale price for the house of £170,000 on 11 May 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£170,000 | 11 May 2015 |
Semi-Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 2015 the House Price Index for SHROPSHIRE was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £170,000 results in an estimated price of approximately £248,121.
11 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £170,000 | £78,121 | £248,121 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | -12.178 % | £-20,701 | £149,298 |
3 Month Average | 28.101 % | £47,771 | £217,771 |
6 Month Average | 38.739 % | £65,855 | £235,855 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £243,607 | £240,000 | 4 WESTON DRIVE |
23 Aug 2023 | £100,883 | £100,000 | 20 COMBERMERE DRIVE |
26 Jan 2023 | £278,687 | £280,000 | 2 MARTON DRIVE |
13 Jul 2022 | £263,259 | £262,550 | 54 WHITEMERE ROAD |
18 Mar 2022 | £248,703 | £240,000 | 6 POWIS DRIVE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 1 May 2014. Using an estimated price of £248,122 means this house is valued at £2,385 per sq meter (£221 per sq foot).
The average size of a house on WHITEMERE ROAD is 96 sq meters (1,034 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Under investigation | On or near Colmere Drive |
Jan 2024 | Other theft | Under investigation | On or near Weston Drive |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Weston Drive |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Weston Drive |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Powis Drive |