6, BAILEY CLOSE, WEM, SHREWSBURY, SY4 5UR - £54,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 BAILEY CLOSE is a detached house, which could now be worth an estimated £272,574. It was last sold for £54,000 in April 1996, which was around 35% below the average April 1996 detached price in the Shropshire local authority area.

6 BAILEY CLOSE Sold Prices

Land registry data shows one sale for 6 BAILEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Shropshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1996 2 APR	£54,000	£83,668	35% below HPI

What might 6 BAILEY CLOSE be worth now?

6 BAILEY CLOSE might now be worth an estimated £272,574.

This is based on house price inflation of 404.8%, between April 1996 and May 2026, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 404.8% inflationary increase is applied to the most recent sale price for 6 BAILEY CLOSE of £54,000 on 2nd April 1996. For the value to have increased from £54,000 to £272,574 over the 29 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 6 BAILEY CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The April 1996 sale price of £54,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BAILEY CLOSE has not materially changed since April 1996.

Where is 6 BAILEY CLOSE?

6 BAILEY CLOSE is located in WEM, in the SY4 postcode district.