£101,347
This estimated value is based upon the latest sale price for the house of £60,000 on 5 Oct 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£60,000 | 5 Oct 2006 |
£90,000 | 30 May 2003 |
Semi-Detached |
Freehold |
Floor Area: 90 sq meters or 976 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 2006 the House Price Index for WEST MIDLANDS was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £60,000 results in an estimated price of approximately £101,347.
5 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 148.6 | 68.912 % | £60,000 | £41,347 | £101,347 |
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 | 34.608 % | £20,764 | £80,764 |
3 Month Average | 102.757 % | £61,654 | £121,654 |
6 Month Average | 108.254 % | £64,952 | £124,952 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Aug 2023 | £204,792 | £203,000 | 91 OLD OAK ROAD |
21 Jul 2023 | £202,729 | £200,000 | 79 OLD OAK ROAD |
6 Feb 2023 | £289,805 | £290,000 | 5 HIGH MEADOW ROAD |
14 Jul 2022 | £232,626 | £232,000 | 86 OLD OAK ROAD |
13 May 2022 | £229,321 | £225,000 | 4 HILL BANK ROAD |
This house has a floor area of 90 sq meters or 976 sq feet when measured on 7 Dec 2010. Using an estimated price of £101,347 means this house is valued at £1,117 per sq meter (£103 per sq foot).
The average size of a house on HILL BANK ROAD is 86 sq meters (933 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hill Bank Road |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near High Meadow Road |
Apr 2024 | Possession of weapons | Under investigation | On or near Wharf Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Wharf Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wharf Road |