£216,798
This estimated value is based upon the latest sale price for the house of £173,000 on 22 Mar 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £173,000 | 22 Mar 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 March 2018 the House Price Index for WEST MIDLANDS was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £173,000 results in an estimated price of approximately £216,798.
| 22 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £173,000 | £43,798 | £216,798 |
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 | 36.528 % | £63,193 | £236,193 |
| 3 Month Average | -14.611 % | £-25,276 | £147,723 |
| 6 Month Average | -8.585 % | £-14,851 | £158,148 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £532,889 | £525,000 | 35 MILCOTE ROAD |
| 18 Sep 2023 | £245,742 | £242,600 | 5 THE EXCHANGE APARTMENTS, 20A POPLAR ROAD |
| 1 Aug 2023 | £190,164 | £188,500 | 56 MILCOTE ROAD |
| 11 Apr 2023 | £207,231 | £205,000 | 85 TOUCHWOOD HALL CLOSE |
| 6 May 2022 | £336,337 | £330,000 | 9 THE EXCHANGE APARTMENTS, 20A POPLAR ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 29 Aug 2017. Using an estimated price of £216,798 means this house is valued at £2,676 per sq meter (£248 per sq foot).
The average size of a house on MILCOTE ROAD is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Robbery | Under investigation | On or near Parking Area |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Station Road |