£183,306
This estimated value is based upon the latest sale price for the house of £180,000 on 25 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£180,000 | 25 Aug 2023 |
£40,000 | 10 Feb 2000 |
Terraced |
Freehold |
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 August 2023 the House Price Index for WEST MIDLANDS was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £180,000 results in an estimated price of approximately £183,306.
25 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £180,000 | £3,306 | £183,306 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 35.207 % | £63,372 | £243,372 |
3 Month Average | -24.317 % | £-43,769 | £136,230 |
6 Month Average | -1.993 % | £-3,587 | £176,412 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £132,028 | £130,000 | 130 SHENSTONE ROAD |
13 Nov 2023 | £287,293 | £280,000 | 165 SHENSTONE ROAD |
25 Aug 2023 | £183,306 | £180,000 | 114 SHENSTONE ROAD |
18 Aug 2023 | £386,980 | £380,000 | 5 DEERSTALKER SQUARE |
21 Jun 2023 | £255,112 | £250,000 | 143 SHENSTONE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Shenstone Road | |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shenstone Road |
Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Laxey Road |
Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Laxey Road |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Laxey Road |