£199,823
This estimated value is based upon the latest sale price for the house of £125,000 on 30 Apr 2008. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 30 Apr 2008 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 April 2008 the House Price Index for SHROPSHIRE was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £125,000 results in an estimated price of approximately £199,823.
| 30 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 149.7 | 59.859 % | £125,000 | £74,823 | £199,823 |
The Postcode Pricing Model uses changes in average sales price within the SY9 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 | 81.041 % | £101,301 | £226,301 |
| 3 Month Average | 63.099 % | £78,874 | £203,874 |
| 6 Month Average | 44.680 % | £55,850 | £180,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £554,818 | £550,000 | 2 HIGH STREET |
| 27 Oct 2023 | £112,556 | £110,000 | 3 SALOP STREET |
| 29 Sep 2023 | £777,131 | £760,000 | CLAREMONT BULL LANE |
| 14 Mar 2023 | £203,397 | £200,000 | OLD SCHOOL HOUSE STATION STREET |
| 14 Feb 2023 | £342,286 | £340,000 | FLAT 1 OLD BANK HOUSE MARKET SQUARE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 15 Apr 2013. Using an estimated price of £199,824 means this house is valued at £2,245 per sq meter (£208 per sq foot).
The average size of a house on SALOP STREET is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Market Square |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bull Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Bull Lane |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near High Street |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near B4384 |