£262,279
This estimated value is based upon the latest sale price for the house of £176,500 on 23 Jan 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £176,500 | 23 Jan 2015 |
| £115,000 | 16 Feb 2012 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 809 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 2015 the House Price Index for WEST MIDLANDS was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £176,500 results in an estimated price of approximately £262,279.
| 23 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £176,500 | £85,779 | £262,279 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 49.568 % | £87,486 | £263,986 |
| 3 Month Average | 24.033 % | £42,418 | £218,918 |
| 6 Month Average | 36.294 % | £64,059 | £240,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £206,809 | £205,000 | 46 SHELTON LANE |
| 25 Aug 2023 | £85,750 | £85,000 | 1 BATH MEADOW |
| 26 Jan 2023 | £228,922 | £230,000 | 39 SHELTON LANE |
| 23 Jan 2023 | £298,593 | £300,000 | 57 BANNERS LANE |
| 30 Nov 2022 | £148,205 | £150,000 | 9 SHELTON LANE |
This house has a floor area of 75 sq meters or 809 sq feet when measured on 5 Feb 2010. Using an estimated price of £262,279 means this house is valued at £3,487 per sq meter (£324 per sq foot).
The average size of a house on SHELTON LANE is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bath Meadow |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bath Meadow |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bath Meadow |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bath Meadow |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bath Meadow |