£1,083,163
This estimated value is based upon the latest sale price for the house of £215,000 on 4 Aug 1997. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 4 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 175 sq meters or 1,883 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 August 1997 the House Price Index for SHROPSHIRE was 29.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 403.797%.Applying this 403.797% change to the original purchase price of £215,000 results in an estimated price of approximately £1,083,163.
| 4 Aug 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 148.6 | 403.797 % | £215,000 | £868,163 | £1,083,163 |
The Postcode Pricing Model uses changes in average sales price within the SY8 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 | 436.249 % | £937,935 | £1,152,935 |
| 3 Month Average | 332.741 % | £715,394 | £930,394 |
| 6 Month Average | 335.675 % | £721,701 | £936,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £476,087 | £470,000 | 6 LOWER RAVEN LANE |
| 18 Jul 2023 | £937,619 | £925,000 | 40 MILL STREET |
| 2 Mar 2023 | £176,664 | £175,000 | 70 LOWER BROAD STREET |
| 4 Nov 2022 | £276,649 | £280,000 | 22 BELL LANE |
| 22 Jul 2022 | £426,147 | £425,000 | 2 BERRINGTON COURT BELL LANE |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 13 May 2014. Using an estimated price of £1,083,164 means this house is valued at £6,189 per sq meter (£575 per sq foot).
The average size of a house on OVERTON ROAD is 158 sq meters (1,707 sq feet).
This house is the largest in the street with a floor area of 175 sq meters (1,883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Overton Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Overton Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Lower Broad Street |
| Mar 2024 | Shoplifting | Under investigation | On or near Lower Broad Street |
| Mar 2024 | Burglary | Under investigation | On or near Silk Mill Lane |