£479,741
This estimated value is based upon the latest sale price for the house of £465,000 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Sheridan Gardens
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| Price Paid | Date |
|---|---|
| £465,000 | 15 Dec 2023 |
| £380,000 | 15 May 2020 |
| £190,000 | 26 Aug 2016 |
| Detached |
| Freehold |
| Floor Area: 49 sq meters or 527 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 December 2023 the House Price Index for WEST MIDLANDS was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £465,000 results in an estimated price of approximately £479,741.
| 15 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £465,000 | £14,741 | £479,741 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | -19.867 % | £-92,382 | £372,617 |
| 3 Month Average | -10.193 % | £-47,399 | £417,600 |
| 6 Month Average | 8.590 % | £39,944 | £504,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £210,000 | £210,000 | 30 CHAUCER AVENUE |
| 15 Dec 2023 | £479,742 | £465,000 | 391 SANDYFIELDS ROAD |
| 24 Oct 2023 | £358,083 | £349,950 | 49 KIPLING ROAD |
| 22 Aug 2023 | £273,686 | £268,750 | 5 CHAUCER AVENUE |
| 31 Mar 2023 | £274,586 | £270,000 | 3 KIPLING ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 21 Jul 2014. Using an estimated price of £479,742 means this house is valued at £9,790 per sq meter (£909 per sq foot).
The average size of a house on SANDYFIELDS ROAD is 104 sq meters (1,129 sq feet).
This house is the smallest in the street with a floor area of 49 sq meters (527 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Sheridan Gardens |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Keats Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shelley Close |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Majors Fold |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Majors Fold |