£249,212
This estimated value is based upon the latest sale price for the house of £200,000 on 10 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £200,000 | 10 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 August 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £200,000 results in an estimated price of approximately £249,212.
| 10 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £200,000 | £49,212 | £249,212 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 25.310 % | £50,619 | £250,619 |
| 3 Month Average | 28.020 % | £56,040 | £256,040 |
| 6 Month Average | 35.214 % | £70,427 | £270,427 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £294,525 | £290,000 | 206 THE BROADWAY |
| 18 Mar 2024 | £309,759 | £305,000 | 2 CHESTNUT CLOSE |
| 25 Aug 2023 | £417,531 | £410,000 | 5 SYCAMORE CLOSE |
| 21 Apr 2023 | £183,431 | £180,000 | 6 CEDAR CLOSE |
| 27 May 2022 | £346,014 | £337,000 | 2 CEDAR CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 26 Apr 2018. Using an estimated price of £249,212 means this house is valued at £2,679 per sq meter (£248 per sq foot).
The average size of a house on SHENSTONE AVENUE is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cedar Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shenstone Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shenstone Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Close |