£123,326
This estimated value is based upon the latest sale price for the house of £102,250 on 3 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Shepherds Way
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| Price Paid | Date |
|---|---|
| £102,250 | 3 Jun 2020 |
| £92,950 | 21 Jul 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 2020 the House Price Index for WEST MIDLANDS was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £102,250 results in an estimated price of approximately £123,326.
| 3 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £102,250 | £21,076 | £123,326 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | -2.517 % | £-2,573 | £99,676 |
| 3 Month Average | 10.737 % | £10,978 | £113,228 |
| 6 Month Average | 8.845 % | £9,044 | £111,294 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £244,316 | £242,500 | 711 COLLEGE ROAD |
| 30 Sep 2022 | £113,618 | £115,000 | 10 ARCHERS CLOSE |
| 5 Aug 2022 | £206,107 | £207,500 | 23 CURLEWS CLOSE |
| 1 Jul 2022 | £189,744 | £190,000 | 38 ARCHERS CLOSE |
| 1 Jul 2022 | £169,771 | £170,000 | 21 OLD BEECHES |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 21 Mar 2014. Using an estimated price of £123,326 means this house is valued at £2,021 per sq meter (£187 per sq foot).
There is one other house on the street which we know the size of, this is 21 HUNTERS WALK it is 59.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Shepherds Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Shepherds Way |
| Apr 2024 | Possession of weapons | Unable to prosecute suspect | On or near Shepherds Way |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Shepherds Way |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shepherds Way |