£1,472,085
This estimated value is based upon the latest sale price for the house of £242,000 on 6 Oct 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £242,000 | 6 Oct 2023 |
| £106,000 | 25 Sep 2007 |
| £27,000 | 9 Jun 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 October 2023 the House Price Index for WEST MIDLANDS was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £242,000 results in an estimated price of approximately £1,472,085.
| 6 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £242,000 | £1,230,085 | £1,472,085 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 43.146 % | £104,412 | £346,412 |
| 3 Month Average | -2.201 % | £-5,325 | £236,674 |
| 6 Month Average | -1.547 % | £-3,742 | £238,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £128,625 | £127,500 | 5 WELBECK AVENUE |
| 30 Jun 2023 | £101,226 | £100,000 | 89 BUSHBURY LANE |
| 7 Jun 2023 | £228,265 | £225,500 | 3 SHAW PARK BUSINESS VILLAGE |
| 15 Feb 2023 | £199,866 | £200,000 | 13 WELBECK AVENUE |
| 7 Oct 2022 | £93,493 | £94,500 | 111 BUSHBURY LANE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 11 Mar 2019.
The average size of a house on SHOWELL ROAD is 83 sq meters (900 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area |