£349,666
This estimated value is based upon the latest sale price for the house of £224,500 on 27 May 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£224,500 | 27 May 2014 |
Semi-Detached |
Freehold |
Floor Area: 184 sq meters or 1,980 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 2014 the House Price Index for SHROPSHIRE was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £224,500 results in an estimated price of approximately £349,666.
27 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 149.7 | 55.753 % | £224,500 | £125,166 | £349,666 |
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 | 124.123 % | £278,655 | £503,155 |
3 Month Average | 51.515 % | £115,651 | £340,151 |
6 Month Average | 42.328 % | £95,025 | £319,525 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £127,500 | £127,500 | 33 FROGMORE ROAD |
7 Dec 2023 | £342,267 | £331,750 | 107 CHESHIRE STREET |
29 Sep 2023 | £122,654 | £119,950 | 1 MERCIAN COURT |
30 Jun 2023 | £107,147 | £105,000 | 23 MERCIAN COURT |
17 Mar 2023 | £86,444 | £85,000 | 41 MERCIAN COURT |
This house has a floor area of 184 sq meters or 1,980 sq feet when measured on 22 Oct 2012. Using an estimated price of £349,666 means this house is valued at £1,900 per sq meter (£176 per sq foot).
The average size of a house on CHESHIRE STREET is 263 sq meters (2,834 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near A529 | |
May 2024 | Anti-social behaviour | On or near A529 | |
May 2024 | Anti-social behaviour | On or near A529 | |
May 2024 | Anti-social behaviour | On or near A529 | |
Jul 2024 | Anti-social behaviour | On or near Cheshire Gardens |