£509,505
This estimated value is based upon the latest sale price for the house of £234,000 on 22 Dec 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £234,000 | 22 Dec 2003 |
| £190,995 | 9 May 2003 |
| £97,500 | 1 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,133 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 December 2003 the House Price Index for WEST MIDLANDS was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £234,000 results in an estimated price of approximately £509,505.
| 22 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 148.6 | 117.737 % | £234,000 | £275,505 | £509,505 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | 34.297 % | £80,254 | £314,254 |
| 3 Month Average | 57.248 % | £133,959 | £367,959 |
| 6 Month Average | 65.141 % | £152,430 | £386,430 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £225,445 | £221,500 | 25 SHELLEY DRIVE |
| 2 Aug 2023 | £810,087 | £803,000 | 14 CLEEVE DRIVE |
| 21 Jul 2023 | £456,139 | £450,000 | 58 HILL HOOK ROAD |
| 28 Apr 2023 | £399,299 | £395,000 | 10 SHELLEY DRIVE |
| 30 Aug 2022 | £700,115 | £702,000 | 6 STATION APPROACH |
This house has a floor area of 105 sq meters or 1,133 sq feet when measured on 16 Nov 2011. Using an estimated price of £509,505 means this house is valued at £4,836 per sq meter (£449 per sq foot).
The average size of a house on SHELLEY DRIVE is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moore Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Moore Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cleeve Drive |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Beighton Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Approach |