£88,791
This estimated value is based upon the latest sale price for the house of £68,000 on 31 Mar 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £68,000 | 31 Mar 2017 |
| £64,000 | 29 Jun 2007 |
| Terraced |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 March 2017 the House Price Index for WEST MIDLANDS was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £68,000 results in an estimated price of approximately £88,791.
| 31 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £68,000 | £20,791 | £88,791 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 72.156 % | £49,065 | £117,065 |
| 3 Month Average | 35.376 % | £24,055 | £92,055 |
| 6 Month Average | 38.222 % | £25,990 | £93,990 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £42,500 | £42,500 | 14 SHORTERS AVENUE |
| 6 Mar 2024 | £40,624 | £40,000 | 6 SHORTERS AVENUE |
| 23 Nov 2023 | £268,824 | £262,000 | 210 WARSTOCK LANE |
| 4 Aug 2023 | £239,316 | £235,000 | 20 THE WOODLEYS |
| 16 Jun 2023 | £137,761 | £135,000 | 28 SHORTERS AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 22 May 2012. Using an estimated price of £88,791 means this house is valued at £1,109 per sq meter (£103 per sq foot).
The average size of a house on SHORTERS AVENUE is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Shorters Avenue |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Shorters Avenue |
| Sep 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Shorters Avenue |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shorters Avenue |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Shorters Avenue |