£265,953
This estimated value is based upon the latest sale price for the house of £210,000 on 1 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £210,000 | 1 Dec 2017 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2017 the House Price Index for WEST MIDLANDS was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £210,000 results in an estimated price of approximately £265,953.
| 1 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £210,000 | £55,953 | £265,953 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | 59.755 % | £125,485 | £335,485 |
| 3 Month Average | 47.939 % | £100,671 | £310,671 |
| 6 Month Average | 39.265 % | £82,456 | £292,456 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £197,055 | £191,000 | 56 PARSONS HILL |
| 29 Nov 2023 | £156,985 | £153,000 | 39 GEORGE ROAD |
| 27 Nov 2023 | £285,241 | £278,000 | 40 GEORGE ROAD |
| 25 Feb 2022 | £239,816 | £227,000 | 29 BRANDHALL ROAD |
| 21 Dec 2021 | £259,034 | £240,000 | 38 GEORGE ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 22 Jun 2017. Using an estimated price of £265,954 means this house is valued at £2,439 per sq meter (£226 per sq foot).
The average size of a house on SHIRE CLOSE is 135 sq meters (1,459 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shire Close |
| Jun 2024 | Public order | Under investigation | On or near Brandhall Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brandhall Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hanover Gardens |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hanover Gardens |