£179,652
This estimated value is based upon the latest sale price for the house of £120,000 on 3 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 3 Oct 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 October 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £120,000 results in an estimated price of approximately £179,652.
| 3 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £120,000 | £59,652 | £179,652 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | 24.823 % | £29,787 | £149,787 |
| 3 Month Average | 89.806 % | £107,767 | £227,767 |
| 6 Month Average | 72.157 % | £86,588 | £206,588 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £238,206 | £235,000 | 31 HEATHLEIGH ROAD |
| 19 Apr 2023 | £232,503 | £230,000 | 475 REDDITCH ROAD |
| 19 Jan 2023 | £278,687 | £280,000 | 40 GLENWOOD ROAD |
| 24 Oct 2022 | £291,858 | £295,000 | 17 HEATHLEIGH ROAD |
| 2 Sep 2022 | £193,438 | £195,000 | 25 HEATHLEIGH ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 9 Jul 2014. Using an estimated price of £179,653 means this house is valued at £2,395 per sq meter (£222 per sq foot).
The average size of a house on HEATHLEIGH ROAD is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kings Park West |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Kings Park West |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glenwood Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nearhill Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Nearhill Road |