£294,799
This estimated value is based upon the latest sale price for the house of £295,000 on 24 Jul 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £295,000 | 24 Jul 2023 |
| £173,950 | 7 Apr 2011 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,245 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 2023 the House Price Index for WEST MIDLANDS was 146.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.068%.Applying this -0.068% change to the original purchase price of £295,000 results in an estimated price of approximately £294,799.
| 24 Jul 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 146.7 | -0.068 % | £295,000 | £-200 | £294,799 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | -37.302 % | £-110,039 | £184,960 |
| 3 Month Average | -6.500 % | £-19,173 | £275,826 |
| 6 Month Average | -4.105 % | £-12,110 | £282,889 |
This house has a floor area of 115 sq meters or 1,245 sq feet when measured on 23 Sep 2010.
The average size of a house on SHROPSHIRE DRIVE is 95 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near Shropshire Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shropshire Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Shropshire Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Shropshire Drive |
| Nov 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Shropshire Drive |