£400,846
This estimated value is based upon the latest sale price for the house of £325,000 on 3 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £325,000 | 3 Jul 2019 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £325,000 results in an estimated price of approximately £400,846.
| 3 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £325,000 | £75,846 | £400,846 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 20.870 % | £67,826 | £392,826 |
| 3 Month Average | 6.104 % | £19,839 | £344,839 |
| 6 Month Average | 25.350 % | £82,386 | £407,386 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £304,508 | £300,000 | 205 LONG LANE |
| 1 Sep 2023 | £283,626 | £280,000 | 111 SHENSTONE VALLEY ROAD |
| 4 Jul 2023 | £213,879 | £211,000 | 187 LONG LANE |
| 22 Mar 2023 | £272,568 | £270,000 | 13 HALESOWEN ROAD |
| 9 Jun 2022 | £382,911 | £377,500 | 3 ALDER GROVE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 13 Jun 2018. Using an estimated price of £400,847 means this house is valued at £3,817 per sq meter (£354 per sq foot).
The average size of a house on KENT ROAD is 113 sq meters (1,216 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radcliffe Drive |
| Mar 2024 | Other theft | Under investigation | On or near Radcliffe Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radcliffe Drive |
| Feb 2024 | Drugs | Under investigation | On or near Radcliffe Drive |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Radcliffe Drive |