£301,713
This estimated value is based upon the latest sale price for the house of £240,000 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 15 Dec 2017 |
| 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 December 2017 the House Price Index for SHROPSHIRE was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £240,000 results in an estimated price of approximately £301,713.
| 15 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £240,000 | £61,713 | £301,713 |
The Postcode Pricing Model uses changes in average sales price within the SY7 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 | 73.521 % | £176,450 | £416,450 |
| 3 Month Average | 76.589 % | £183,813 | £423,813 |
| 6 Month Average | 28.007 % | £67,217 | £307,217 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £137,404 | £135,000 | 52 SHREWSBURY ROAD |
| 21 Aug 2023 | £171,500 | £170,000 | 80 WHITE MEADOW CLOSE |
| 8 Aug 2023 | £163,934 | £162,500 | 15 ONNYBROOK DRIVE |
| 1 Jun 2022 | £126,792 | £125,000 | 23 MARKET STREET |
| 29 Apr 2022 | £185,364 | £180,000 | 5 BROOK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near A49 |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near A49 |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Parking Area |