£231,325
This estimated value is based upon the latest sale price for the house of £170,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £170,000 | 31 Mar 2016 |
| £130,000 | 16 Jun 2003 |
| £95,000 | 12 Jul 2002 |
| £57,000 | 7 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £170,000 results in an estimated price of approximately £231,325.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £170,000 | £61,325 | £231,325 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 91.308 % | £155,223 | £325,223 |
| 3 Month Average | 57.430 % | £97,630 | £267,630 |
| 6 Month Average | 34.896 % | £59,323 | £229,323 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £40,624 | £40,000 | 6 SHORTERS AVENUE |
| 23 Nov 2023 | £268,824 | £262,000 | 210 WARSTOCK LANE |
| 15 Sep 2023 | £189,170 | £185,000 | 16 STANBURY ROAD |
| 4 Aug 2023 | £239,316 | £235,000 | 20 THE WOODLEYS |
| 16 Jun 2023 | £56,125 | £55,000 | 178 WARSTOCK LANE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 6 Aug 2014. Using an estimated price of £231,325 means this house is valued at £2,267 per sq meter (£210 per sq foot).
The average size of a house on WARSTOCK LANE is 98 sq meters (1,063 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shorters Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shorters Avenue |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shorters Avenue |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Shorters Avenue |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Shorters Avenue |