£515,939
This estimated value is based upon the latest sale price for the house of £423,000 on 7 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £423,000 | 7 Jan 2020 |
| £145,500 | 11 Apr 1995 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £423,000 results in an estimated price of approximately £515,939.
| 7 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £423,000 | £92,939 | £515,939 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | -13.004 % | £-55,005 | £367,994 |
| 3 Month Average | 2.117 % | £8,956 | £431,956 |
| 6 Month Average | 10.395 % | £43,969 | £466,969 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £348,455 | £344,000 | 20 DOCTORS HILL |
| 31 Mar 2023 | £449,737 | £445,500 | 33 THE PARKLANDS |
| 25 Aug 2022 | £603,376 | £605,000 | 32 OLD HAM LANE |
| 27 Apr 2022 | £547,853 | £532,000 | 17 BECKMAN ROAD |
| 14 Mar 2022 | £699,477 | £675,000 | 19 OLD HAM LANE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 30 Aug 2019. Using an estimated price of £515,939 means this house is valued at £3,908 per sq meter (£363 per sq foot).
The average size of a house on SHAFTESBURY AVENUE is 178 sq meters (1,924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mountain Ash Drive |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Mountain Ash Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Parklands |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Brockmoor Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Brockmoor Close |