£179,106
This estimated value is based upon the latest sale price for the house of £95,000 on 22 Feb 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£95,000 | 22 Feb 2005 |
Terraced |
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 February 2005 the House Price Index for WEST MIDLANDS was 79.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 88.533%.Applying this 88.533% change to the original purchase price of £95,000 results in an estimated price of approximately £179,106.
22 Feb 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.4 | 149.7 | 88.533 % | £95,000 | £84,106 | £179,106 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | 41.616 % | £39,535 | £134,535 |
3 Month Average | 52.290 % | £49,675 | £144,675 |
6 Month Average | 57.022 % | £54,170 | £149,170 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Feb 2023 | £143,458 | £142,500 | 141 GILBERT ROAD |
1 Aug 2022 | £172,808 | £172,000 | 38 GILBERT ROAD |
18 Feb 2022 | £143,678 | £136,000 | 139 GILBERT ROAD |
2 Nov 2021 | £147,085 | £135,000 | 49 GILBERT ROAD |
24 Sep 2021 | £112,899 | £104,000 | 6 LIME GROVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 19 Sep 2013. Using an estimated price of £179,106 means this house is valued at £2,522 per sq meter (£234 per sq foot).
The average size of a house on SHIRELAND ROAD is 96 sq meters (1,035 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
Sep 2024 | Anti-social behaviour | On or near Petrol Station | |
Sep 2024 | Anti-social behaviour | On or near Petrol Station | |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |