£177,955
This estimated value is based upon the latest sale price for the house of £114,000 on 14 Sep 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £114,000 | 14 Sep 2007 |
| £55,000 | 16 Aug 2002 |
| £36,000 | 30 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 822 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 September 2007 the House Price Index for WEST MIDLANDS was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £114,000 results in an estimated price of approximately £177,955.
| 14 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £114,000 | £63,955 | £177,955 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 0.929 % | £1,058 | £115,058 |
| 3 Month Average | 37.360 % | £42,590 | £156,590 |
| 6 Month Average | 65.782 % | £74,991 | £188,991 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £252,397 | £249,000 | 9 ALBION FIELD DRIVE |
| 12 Jul 2023 | £243,274 | £240,000 | 15 ALBION FIELD DRIVE |
| 30 Jun 2023 | £127,545 | £126,000 | 32 SHERIDAN STREET |
| 27 Jun 2023 | £224,722 | £222,000 | 1 GRAHAM ROAD |
| 8 Sep 2022 | £234,109 | £236,000 | 14 STONEY LANE |
This house has a floor area of 76 sq meters or 822 sq feet when measured on 5 Jan 2012. Using an estimated price of £177,956 means this house is valued at £2,329 per sq meter (£216 per sq foot).
The average size of a house on SHERIDAN STREET is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albion Field Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Albion Field Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sheridan Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sheridan Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sheridan Street |