£117,817
This estimated value is based upon the latest sale price for the house of £117,500 on 1 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Shakleton Road
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Price Paid | Date |
---|---|
£117,500 | 1 Jul 2022 |
£95,000 | 16 Sep 2020 |
£85,000 | 21 Aug 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 July 2022 the House Price Index for WEST MIDLANDS was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £117,500 results in an estimated price of approximately £117,817.
1 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.2 | 148.6 | 0.270 % | £117,500 | £317 | £117,817 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | 8.478 % | £9,962 | £127,462 |
3 Month Average | -9.368 % | £-11,007 | £106,492 |
6 Month Average | 0.053 % | £62 | £117,562 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £142,493 | £140,000 | 59A SHAKLETON ROAD |
26 Sep 2023 | £146,372 | £144,500 | 21 SHAKLETON ROAD |
25 Aug 2023 | £161,916 | £160,500 | 51 SHAKLETON ROAD |
31 Jul 2023 | £202,729 | £200,000 | 136 MELBOURNE ROAD |
28 Jun 2023 | £124,508 | £123,000 | 37 BROOMFIELD PLACE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 8 Jul 2020. Using an estimated price of £117,817 means this house is valued at £2,945 per sq meter (£273 per sq foot).
The average size of a house on SHAKLETON ROAD is 71 sq meters (768 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Shakleton Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Shakleton Road |
Feb 2024 | Public order | Under investigation | On or near Shakleton Road |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Melbourne Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Melbourne Road |