£612,466
This estimated value is based upon the latest sale price for the house of £249,950 on 28 Feb 2003. 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 Shelfield Close
More crime details
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| Price Paid | Date |
|---|---|
| £249,950 | 28 Feb 2003 |
| £150,000 | 19 Sep 2000 |
| Detached |
| Leasehold |
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 February 2003 the House Price Index for WEST MIDLANDS was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £249,950 results in an estimated price of approximately £612,466.
| 28 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 148.6 | 145.035 % | £249,950 | £362,516 | £612,466 |
The Postcode Pricing Model uses changes in average sales price within the B94 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 | 32.489 % | £81,205 | £331,155 |
| 3 Month Average | 102.254 % | £255,583 | £505,533 |
| 6 Month Average | 120.962 % | £302,345 | £552,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £497,363 | £490,000 | 15 ARDEN MEADS |
| 18 Aug 2023 | £515,510 | £511,000 | 18 PARK VIEW |
| 23 Jun 2023 | £506,131 | £500,000 | 3 PARK VIEW |
| 16 Sep 2022 | £481,115 | £485,000 | 4 MEADOW CLOSE |
| 24 Jun 2022 | £339,802 | £335,000 | 14 SHELFIELD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Shelfield Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Field Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Arden Meads |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park View |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Park View |