£142,412
This estimated value is based upon the latest sale price for the house of £83,000 on 19 Sep 2006. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £83,000 | 19 Sep 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 September 2006 the House Price Index for SHROPSHIRE was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £83,000 results in an estimated price of approximately £142,412.
| 19 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.582 % | £83,000 | £59,412 | £142,412 |
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 | 84.022 % | £69,737 | £152,737 |
| 3 Month Average | 50.564 % | £41,968 | £124,968 |
| 6 Month Average | 42.200 % | £35,026 | £118,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £428,723 | £425,000 | 38 STAFFORD STREET |
| 4 Apr 2023 | £239,479 | £235,000 | 5 SMITHFIELD CLOSE |
| 24 Mar 2023 | £226,279 | £222,500 | 6 GROSVENOR ROAD |
| 15 Jul 2022 | £292,885 | £289,950 | 40 SMITHFIELD ROAD |
| 1 Jul 2022 | £272,733 | £270,000 | 38A SMITHFIELD ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 24 Jul 2020. Using an estimated price of £142,413 means this house is valued at £2,334 per sq meter (£216 per sq foot).
The average size of a house on LONGLANDS LANE is 110 sq meters (1,193 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Longlands Lane | |
| Apr 2024 | Other crime | Under investigation | On or near Longlands Lane |