£468,558
This estimated value is based upon the latest sale price for the house of £280,000 on 17 May 2013. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £280,000 | 17 May 2013 |
| £275,000 | 26 Oct 2006 |
| £115,000 | 22 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 262 sq meters or 2,820 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 2013 the House Price Index for SHROPSHIRE was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £280,000 results in an estimated price of approximately £468,558.
| 17 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.342 % | £280,000 | £188,558 | £468,558 |
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 | 48.620 % | £136,136 | £416,136 |
| 3 Month Average | 65.013 % | £182,036 | £462,036 |
| 6 Month Average | 55.432 % | £155,209 | £435,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £337,658 | £331,750 | 107 CHESHIRE STREET |
| 29 Sep 2023 | £121,504 | £119,950 | 1 MERCIAN COURT |
| 30 Jun 2023 | £106,287 | £105,000 | 23 MERCIAN COURT |
| 17 Mar 2023 | £85,808 | £85,000 | 41 MERCIAN COURT |
| 28 Feb 2023 | £99,933 | £100,000 | 2 DRAYTON MILL COURT |
This house has a floor area of 262 sq meters or 2,820 sq feet when measured on 24 Jan 2014. Using an estimated price of £468,558 means this house is valued at £1,788 per sq meter (£166 per sq foot).
The average size of a house on CHESHIRE STREET is 263 sq meters (2,834 sq feet).
This house is the largest in the street with a floor area of 262 sq meters (2,820 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 |