£168,156
This estimated value is based upon the latest sale price for the house of £133,000 on 31 Jan 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £133,000 | 31 Jan 2018 |
| £115,000 | 8 Oct 2004 |
| £39,300 | 24 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,209 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 January 2018 the House Price Index for WEST MIDLANDS was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £133,000 results in an estimated price of approximately £168,156.
| 31 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £133,000 | £35,156 | £168,156 |
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 | 54.683 % | £72,728 | £205,728 |
| 3 Month Average | 26.822 % | £35,672 | £168,672 |
| 6 Month Average | 19.814 % | £26,353 | £159,353 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £132,658 | £130,000 | SOMERTON COURT, 343 SHORT HEATH ROAD |
| 2 Jun 2023 | £164,292 | £161,000 | 2 LAMBERT CLOSE |
| 24 Jun 2022 | £153,276 | £150,000 | 348 SHORT HEATH ROAD |
| 27 May 2022 | £184,815 | £180,000 | 275 SHORT HEATH ROAD |
| 23 Dec 2021 | £145,707 | £135,000 | SOMERTON COURT, 309 SHORT HEATH ROAD |
This house has a floor area of 112 sq meters or 1,209 sq feet when measured on 27 May 2009. Using an estimated price of £168,156 means this house is valued at £1,497 per sq meter (£139 per sq foot).
The average size of a house on SHORT HEATH ROAD is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Possession of weapons | Offender given a caution | On or near Lambert Close |
| Sep 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Lambert Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Lambert Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lambert Close |
| Aug 2024 | Robbery | Investigation complete; no suspect identified | On or near Lambert Close |