£81,558
This estimated value is based upon the latest sale price for the house of £66,500 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£66,500 | 29 Nov 2019 |
£89,000 | 26 Aug 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 November 2019 the House Price Index for SHROPSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £66,500 results in an estimated price of approximately £81,558.
29 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £66,500 | £15,058 | £81,558 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 3.414 % | £2,270 | £68,770 |
3 Month Average | 2.925 % | £1,945 | £68,445 |
6 Month Average | 13.242 % | £8,806 | £75,306 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £170,017 | £167,500 | 49 UPPER BROOK STREET |
20 Sep 2023 | £70,400 | £69,500 | 33 ABRAHAM COURT LUTTON CLOSE |
8 Sep 2023 | £56,725 | £56,000 | 22 ABRAHAM COURT LUTTON CLOSE |
29 Aug 2023 | £292,559 | £290,000 | 6 LUTTON CLOSE |
12 Jul 2023 | £126,705 | £125,000 | 39 UPPER BROOK STREET |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 4 Jan 2019. Using an estimated price of £81,559 means this house is valued at £1,664 per sq meter (£154 per sq foot).
The average size of a house on LUTTON CLOSE is 60 sq meters (653 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Possession of weapons | Under investigation | On or near Oswald Place |
Feb 2024 | Anti-social behaviour | On or near Lakeholme Gardens | |
Feb 2024 | Anti-social behaviour | On or near Lakeholme Gardens |