£701,408
This estimated value is based upon the latest sale price for the house of £605,000 on 6 Nov 2020. 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 Sports/Recreation Area
More crime details
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| Price Paid | Date |
|---|---|
| £605,000 | 6 Nov 2020 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 2020 the House Price Index for WEST MIDLANDS was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £605,000 results in an estimated price of approximately £701,408.
| 6 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £605,000 | £96,408 | £701,408 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | -21.467 % | £-129,874 | £475,125 |
| 3 Month Average | -39.855 % | £-241,122 | £363,877 |
| 6 Month Average | -16.967 % | £-102,649 | £502,350 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £617,900 | £610,000 | 9 HEATHCOTE AVENUE |
| 10 Feb 2023 | £1,179,206 | £1,180,000 | 5 WOODSIDE WAY |
| 15 Jul 2022 | £852,294 | £850,000 | 14 WOODSIDE WAY |
| 10 Jun 2022 | £557,884 | £550,000 | 25 HEATHCOTE AVENUE |
| 11 May 2022 | £942,764 | £925,000 | 9 WAVERLEY GROVE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 30 Jun 2020. Using an estimated price of £701,409 means this house is valued at £5,195 per sq meter (£482 per sq foot).
The average size of a house on SHARMANS CROSS ROAD is 177 sq meters (1,913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Sports/Recreation Area |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Sharmans Cross Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sharmans Cross Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sharmans Cross Road |