£253,877
This estimated value is based upon the latest sale price for the house of £163,000 on 2 May 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £163,000 | 2 May 2014 |
| £152,000 | 3 Jul 2012 |
| £159,950 | 19 Mar 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,010 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 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £163,000 results in an estimated price of approximately £253,877.
| 2 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £163,000 | £90,877 | £253,877 |
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 | 58.161 % | £94,802 | £257,802 |
| 3 Month Average | 58.796 % | £95,837 | £258,837 |
| 6 Month Average | 68.656 % | £111,908 | £274,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £294,525 | £290,000 | 206 THE BROADWAY |
| 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 |
| 15 Dec 2021 | £296,810 | £275,000 | 4 CLENT VIEW ROAD |
This house has a floor area of 93 sq meters or 1,010 sq feet when measured on 14 Dec 2009. Using an estimated price of £253,878 means this house is valued at £2,704 per sq meter (£251 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 |
| 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 |
| 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 |