£183,171
This estimated value is based upon the latest sale price for the house of £138,000 on 28 Nov 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £138,000 | 28 Nov 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 November 2016 the House Price Index for WEST MIDLANDS was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £138,000 results in an estimated price of approximately £183,171.
| 28 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £138,000 | £45,171 | £183,171 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 84.811 % | £117,038 | £255,038 |
| 3 Month Average | 56.456 % | £77,909 | £215,909 |
| 6 Month Average | 59.624 % | £82,280 | £220,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £210,000 | £210,000 | 412 BIRMINGHAM NEW ROAD |
| 8 Dec 2023 | £103,170 | £100,000 | 55 MEADOW LANE |
| 4 Dec 2023 | £237,291 | £230,000 | 2 HINCHLIFFE AVENUE |
| 27 Oct 2023 | £235,857 | £230,500 | 5 KIPLING AVENUE |
| 1 Sep 2023 | £263,816 | £258,000 | 444 BIRMINGHAM NEW ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 12 Jul 2016. Using an estimated price of £183,171 means this house is valued at £2,035 per sq meter (£189 per sq foot).
The average size of a house on SHAW ROAD is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Hessian Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hessian Close |
| Jul 2024 | Anti-social behaviour | On or near Hessian Close | |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hessian Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Hessian Close |