£181,237
This estimated value is based upon the latest sale price for the house of £98,000 on 20 May 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £98,000 | 20 May 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 May 2005 the House Price Index for WEST MIDLANDS was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.936%.Applying this 84.936% change to the original purchase price of £98,000 results in an estimated price of approximately £181,237.
| 20 May 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.936 % | £98,000 | £83,237 | £181,237 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 74.735 % | £73,240 | £171,240 |
| 3 Month Average | 47.342 % | £46,394 | £144,394 |
| 6 Month Average | 60.661 % | £59,447 | £157,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £182,705 | £180,000 | 15 LABURNUM AVENUE |
| 29 Jun 2023 | £222,698 | £220,000 | 28 MILTON ROAD |
| 21 Jun 2023 | £232,820 | £230,000 | 232 LONDONDERRY LANE |
| 28 Apr 2023 | £212,286 | £210,000 | 206 LONDONDERRY LANE |
| 13 Apr 2023 | £171,850 | £170,000 | 188 LONDONDERRY LANE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 13 Nov 2021. Using an estimated price of £181,237 means this house is valued at £2,552 per sq meter (£237 per sq foot).
The average size of a house on SHAKESPEARE ROAD is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shakespeare Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Londonderry Lane |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Londonderry Lane |
| Jan 2024 | Anti-social behaviour | On or near Londonderry Lane | |
| Jan 2024 | Anti-social behaviour | On or near Londonderry Lane |