£381,822
This estimated value is based upon the latest sale price for the house of £310,000 on 5 Apr 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £310,000 | 5 Apr 2019 |
| £137,500 | 14 Dec 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 April 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £310,000 results in an estimated price of approximately £381,822.
| 5 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £310,000 | £71,822 | £381,822 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | -5.847 % | £-18,124 | £291,875 |
| 3 Month Average | 17.699 % | £54,865 | £364,865 |
| 6 Month Average | 28.506 % | £88,369 | £398,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £387,356 | £385,000 | 36 ASTLEY AVENUE |
| 12 Aug 2022 | £314,872 | £317,000 | 201 SPIES LANE |
| 4 Mar 2022 | £258,020 | £250,000 | 192 SPIES LANE |
| 10 Feb 2022 | £266,337 | £255,000 | 199 SPIES LANE |
| 10 Dec 2020 | £325,778 | £285,000 | 5 ASTLEY AVENUE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 13 Jun 2012. Using an estimated price of £381,823 means this house is valued at £4,388 per sq meter (£407 per sq foot).
The average size of a house on SHENSTONE VALLEY ROAD is 98 sq meters (1,058 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Astley Crescent |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Spies Lane |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Spies Lane |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Spies Lane |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Spies Lane |