£117,433
This estimated value is based upon the latest sale price for the house of £95,000 on 31 May 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £95,000 | 31 May 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 May 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £95,000 results in an estimated price of approximately £117,433.
| 31 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £95,000 | £22,433 | £117,433 |
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 | 77.280 % | £73,416 | £168,416 |
| 3 Month Average | 23.358 % | £22,189 | £117,189 |
| 6 Month Average | 29.441 % | £27,968 | £122,968 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £96,428 | £95,000 | 16 WOOD LANE |
| 17 Nov 2023 | £177,630 | £175,000 | 52 WOOD LANE |
| 11 Sep 2023 | £182,331 | £180,000 | 2 BROWNING CRESCENT |
| 29 Jul 2022 | £145,893 | £145,500 | 59 THREE TUNS LANE |
| 1 Jun 2022 | £152,150 | £150,000 | 7 BURNS AVENUE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 27 Nov 2018. Using an estimated price of £117,433 means this house is valued at £2,024 per sq meter (£188 per sq foot).
The average size of a house on SHELLEY ROAD is 105 sq meters (1,130 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burns Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burns Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burns Avenue |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Browning Crescent |