£89,327
This estimated value is based upon the latest sale price for the house of £87,000 on 26 May 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £87,000 | 26 May 2022 |
| £107,500 | 21 Dec 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 May 2022 the House Price Index for WEST MIDLANDS was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £87,000 results in an estimated price of approximately £89,327.
| 26 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £87,000 | £2,327 | £89,327 |
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 | 85.714 % | £74,571 | £161,571 |
| 3 Month Average | -3.229 % | £-2,809 | £84,190 |
| 6 Month Average | 1.690 % | £1,470 | £88,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £133,953 | £131,000 | APARTMENT 3 RIDGEACRE HOUSE SHROPSHIRE WAY |
| 8 Sep 2023 | £184,057 | £180,000 | 53 LYNTON AVENUE |
| 30 Jun 2023 | £118,372 | £116,000 | APARTMENT 2 ELWELL HOUSE SHROPSHIRE WAY |
| 17 Feb 2023 | £261,748 | £260,000 | 10 JOWETTS LANE |
| 22 Nov 2022 | £94,558 | £95,000 | 124 WILTSHIRE WAY |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 15 May 2020. Using an estimated price of £89,327 means this house is valued at £1,985 per sq meter (£184 per sq foot).
The average size of a house on SHROPSHIRE WAY is 58 sq meters (629 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Lindsey Road | |
| May 2024 | Anti-social behaviour | On or near Lindsey Road | |
| May 2024 | Public order | Under investigation | On or near Lindsey Road |
| May 2024 | Anti-social behaviour | On or near Lindsey Road | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lindsey Road |