£199,150
This estimated value is based upon the latest sale price for the house of £157,750 on 29 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 |
---|---|
£157,750 | 29 Mar 2018 |
Terraced |
Leasehold |
Floor Area: 64 sq meters or 688 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 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £157,750 results in an estimated price of approximately £199,150.
29 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £157,750 | £41,400 | £199,150 |
The Postcode Pricing Model uses changes in average sales price within the B69 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 | 133.862 % | £211,166 | £368,916 |
3 Month Average | 65.486 % | £103,304 | £261,054 |
6 Month Average | 23.449 % | £36,990 | £194,740 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £64,056 | £63,500 | 9 MEHDI ROAD |
19 Sep 2023 | £9,637 | £9,425 | 11 GOWER CROFT |
15 Aug 2023 | £111,002 | £109,000 | 48 MEHDI ROAD |
2 Jun 2023 | £275,521 | £270,000 | 49 SUMMERTON ROAD |
31 Mar 2023 | £102,715 | £101,000 | 55 MEHDI ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 15 Mar 2018. Using an estimated price of £199,151 means this house is valued at £3,111 per sq meter (£289 per sq foot).
The average size of a house on BHULLAR WAY is 96 sq meters (1,041 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Mehdi Road |
Jun 2024 | Possession of weapons | Unable to prosecute suspect | On or near Mehdi Road |
Jun 2024 | Possession of weapons | Unable to prosecute suspect | On or near Mehdi Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Brades Rise |
Jul 2024 | Vehicle crime | Under investigation | On or near Brades Rise |