£250,000
This estimated value is based upon the latest sale price for the house of £250,000 on 8 Mar 2024. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 8 Mar 2024 |
| 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 March 2024 the House Price Index for SHROPSHIRE was 148.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.000%.Applying this 0.000% change to the original purchase price of £250,000 results in an estimated price of approximately £250,000.
| 8 Mar 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.6 | 148.6 | 0.000 % | £250,000 | £0 | £250,000 |
The Postcode Pricing Model uses changes in average sales price within the WV15 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 | -7.946 % | £-19,866 | £230,133 |
| 3 Month Average | -8.231 % | £-20,576 | £229,423 |
| 6 Month Average | 0.550 % | £1,374 | £251,374 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £250,000 | £250,000 | SEVERN COTTAGE BANDON LANE |
| 29 Sep 2023 | £324,145 | £320,000 | 28 FRIARS STREET |
| 8 Sep 2023 | £498,879 | £492,500 | 12 SOUTHWELL RIVERSIDE |
| 20 Jan 2023 | £194,086 | £195,000 | 40 RIVERSIDE |
| 28 Nov 2022 | £380,392 | £385,000 | 43 SOUTHWELL RIVERSIDE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near River Side |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Friar'S Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greyfriars |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greyfriars |