£98,442
This estimated value is based upon the latest sale price for the house of £80,600 on 18 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £80,600 | 18 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 October 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £80,600 results in an estimated price of approximately £98,442.
| 18 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £80,600 | £17,842 | £98,442 |
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 | -57.299 % | £-46,182 | £34,417 |
| 3 Month Average | -7.587 % | £-6,115 | £74,484 |
| 6 Month Average | 14.793 % | £11,922 | £92,522 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Feb 2023 | £141,829 | £142,500 | 141 GILBERT ROAD |
| 6 May 2022 | £177,641 | £175,000 | 118A GILBERT ROAD |
| 11 Mar 2022 | £151,715 | £147,000 | 57 SHIRELAND ROAD |
| 18 Feb 2022 | £142,047 | £136,000 | 139 GILBERT ROAD |
| 28 Sep 2021 | £139,521 | £130,000 | 113 GILBERT ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 6 May 2020. Using an estimated price of £98,443 means this house is valued at £1,200 per sq meter (£111 per sq foot).
The average size of a house on SHIRELAND ROAD is 96 sq meters (1,035 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Shireland Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gilbert Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gilbert Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gilbert Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gilbert Road |