£177,806
This estimated value is based upon the latest sale price for the house of £134,950 on 18 Nov 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £134,950 | 18 Nov 2016 |
| £126,000 | 11 Mar 2005 |
| £120,000 | 29 Aug 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 November 2016 the House Price Index for WEST MIDLANDS was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £134,950 results in an estimated price of approximately £177,806.
| 18 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £134,950 | £42,856 | £177,806 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | -54.842 % | £-74,008 | £60,941 |
| 3 Month Average | 41.070 % | £55,424 | £190,374 |
| 6 Month Average | 61.914 % | £83,552 | £218,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2022 | £104,376 | £105,500 | APARTMENT 1111 KING EDWARDS WHARF, 25 SHEEPCOTE STREET |
| 26 Apr 2022 | £94,484 | £91,750 | APARTMENT 1104 KING EDWARDS WHARF, 25 SHEEPCOTE STREET |
| 11 Sep 2020 | £154,360 | £130,000 | APARTMENT 1132 KING EDWARDS WHARF, 25 SHEEPCOTE STREET |
| 16 Jul 2019 | £183,156 | £148,500 | APARTMENT 1103 KING EDWARDS WHARF, 25 SHEEPCOTE STREET |
| 31 Jan 2019 | £691,799 | £560,000 | APARTMENT 942 KING EDWARDS WHARF, 25 SHEEPCOTE STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 22 May 2016. Using an estimated price of £177,807 means this house is valued at £3,232 per sq meter (£300 per sq foot).
The average size of a house on SHEEPCOTE STREET is 64 sq meters (694 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ladycroft |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Browning Street |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Browning Street |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Browning Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Browning Street |