£199,422
This estimated value is based upon the latest sale price for the house of £148,500 on 25 May 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £148,500 | 25 May 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2016 the House Price Index for SHROPSHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £148,500 results in an estimated price of approximately £199,422.
| 25 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £148,500 | £50,922 | £199,422 |
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 | 82.328 % | £122,257 | £270,757 |
| 3 Month Average | 46.504 % | £69,058 | £217,558 |
| 6 Month Average | 38.463 % | £57,116 | £205,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £162,183 | £160,000 | 79 LONGSLOW ROAD |
| 26 Apr 2023 | £321,461 | £318,000 | 68 PROSPECT ROAD |
| 4 Apr 2023 | £334,603 | £331,000 | 15 THE PADDOCKS |
| 23 Mar 2023 | £277,615 | £275,000 | 2 WESTLAND ROAD |
| 2 Mar 2023 | £288,215 | £285,500 | 10 THE PADDOCKS |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 29 Jan 2016. Using an estimated price of £199,423 means this house is valued at £2,266 per sq meter (£210 per sq foot).
The average size of a house on BISHOPS LANE is 226 sq meters (2,432 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Longslow Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |