£49,837
This estimated value is based upon the latest sale price for the house of £26,750 on 15 May 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £26,750 | 15 May 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 792 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 2009 the House Price Index for WEST MIDLANDS was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £26,750 results in an estimated price of approximately £49,837.
| 15 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.309 % | £26,750 | £23,087 | £49,837 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 157.276 % | £42,071 | £68,821 |
| 3 Month Average | 98.996 % | £26,481 | £53,231 |
| 6 Month Average | 96.282 % | £25,755 | £52,505 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £42,500 | £42,500 | 14 SHORTERS AVENUE |
| 6 Mar 2024 | £40,624 | £40,000 | 6 SHORTERS AVENUE |
| 23 Nov 2023 | £268,824 | £262,000 | 210 WARSTOCK LANE |
| 4 Aug 2023 | £239,316 | £235,000 | 20 THE WOODLEYS |
| 16 Jun 2023 | £137,761 | £135,000 | 28 SHORTERS AVENUE |
This house has a floor area of 73 sq meters or 792 sq feet when measured on 6 Apr 2009. Using an estimated price of £49,838 means this house is valued at £676 per sq meter (£62 per sq foot).
The average size of a house on SHORTERS AVENUE is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Shorters Avenue |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Shorters Avenue |
| Sep 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Shorters Avenue |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shorters Avenue |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Shorters Avenue |