£271,308
This estimated value is based upon the latest sale price for the house of £158,000 on 7 Feb 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£158,000 | 7 Feb 2011 |
£150,000 | 2 Aug 2004 |
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 WEST MIDLANDS to estimate the market value.
When this house was purchased in February 2011 the House Price Index for WEST MIDLANDS was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £158,000 results in an estimated price of approximately £271,308.
7 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 148.6 | 71.714 % | £158,000 | £113,308 | £271,308 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 386.957 % | £611,391 | £769,391 |
3 Month Average | 92.396 % | £145,985 | £303,985 |
6 Month Average | 106.567 % | £168,376 | £326,376 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £407,123 | £400,000 | 11 SHETLAND CLOSE |
20 Sep 2023 | £11,276,583 | £11,132,400 | SECOND CITY MOTOR CO ROTTON PARK STREET |
13 Mar 2023 | £181,712 | £180,000 | 60 RESERVOIR ROAD |
24 Feb 2023 | £182,377 | £182,500 | 10 CLARK STREET |
17 Feb 2023 | £259,825 | £260,000 | 15 PINTO CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 30 Mar 2017. Using an estimated price of £271,308 means this house is valued at £3,083 per sq meter (£286 per sq foot).
There is one other house on the street which we know the size of, this is 4 PALOMINO PLACE it is 76.0
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palomino Place |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Palomino Place |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shire Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shire Close |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Shire Close |