£93,531
This estimated value is based upon the latest sale price for the house of £73,000 on 23 Jun 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been three burglaries within the last year on or near Sheldon Road
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| Price Paid | Date |
|---|---|
| £73,000 | 23 Jun 2017 |
| £105,000 | 15 May 2013 |
| £66,950 | 18 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 160 sq meters or 1,722 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 June 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £73,000 results in an estimated price of approximately £93,531.
| 23 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £73,000 | £20,531 | £93,531 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 3.725 % | £2,719 | £75,719 |
| 3 Month Average | 38.189 % | £27,878 | £100,878 |
| 6 Month Average | 64.360 % | £46,982 | £119,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £225,336 | £222,000 | 4 SHELDON ROAD |
| 14 Jul 2023 | £126,705 | £125,000 | 13 SHELDON ROAD |
| 23 Jun 2023 | £237,881 | £235,000 | 7A CHARLEMONT ROAD |
| 4 Apr 2023 | £308,320 | £305,000 | 4 BUSTLEHOLME LANE |
| 17 Mar 2023 | £262,473 | £260,000 | 32 BUSTLEHOLME LANE |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 12 Feb 2015. Using an estimated price of £93,532 means this house is valued at £584 per sq meter (£54 per sq foot).
The average size of a house on HOLLYHEDGE ROAD is 117 sq meters (1,269 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Sheldon Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sheldon Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Sheldon Road |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Sheldon Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Sheldon Road |