£172,728
This estimated value is based upon the latest sale price for the house of £120,000 on 3 Jul 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£120,000 | 3 Jul 2015 |
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 July 2015 the House Price Index for WEST MIDLANDS was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £120,000 results in an estimated price of approximately £172,728.
3 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 148.6 | 43.941 % | £120,000 | £52,728 | £172,728 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 18.107 % | £21,728 | £141,728 |
3 Month Average | 56.716 % | £68,059 | £188,059 |
6 Month Average | 52.310 % | £62,772 | £182,772 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £175,000 | £175,000 | 26 BURNLEA GROVE |
20 Jul 2023 | £190,565 | £188,000 | 39 HOULDEY ROAD |
30 Mar 2023 | £184,236 | £182,500 | 1 SEVEN ACRES ROAD |
14 Feb 2023 | £144,902 | £145,000 | 7 TRISTRAM AVENUE |
13 Jan 2023 | £203,044 | £204,000 | 21 BURNLEA GROVE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 24 Feb 2015. Using an estimated price of £172,729 means this house is valued at £1,962 per sq meter (£182 per sq foot).
The average size of a house on SHIPSTON ROAD is 86 sq meters (929 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Seven Acres Road |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Shipston Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shipston Road |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Burnlea Grove |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Aldersmead Road |