£474,439
This estimated value is based upon the latest sale price for the house of £385,000 on 5 Oct 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £385,000 | 5 Oct 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £385,000 results in an estimated price of approximately £474,439.
| 5 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £385,000 | £89,439 | £474,439 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | -9.598 % | £-36,950 | £348,049 |
| 3 Month Average | 32.501 % | £125,130 | £510,130 |
| 6 Month Average | 28.524 % | £109,817 | £494,817 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £415,310 | £410,000 | 10 REDMEAD CLOSE |
| 20 Oct 2022 | £139,498 | £141,000 | 35 BUNBURY GARDENS |
| 4 Oct 2022 | £185,008 | £187,000 | 18 LADY BRACKNELL MEWS |
| 16 Mar 2022 | £725,384 | £700,000 | 5 NEWENT ROAD |
| 28 Jan 2022 | £178,909 | £170,000 | 22 LADY BRACKNELL MEWS |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 13 Sep 2017. Using an estimated price of £474,439 means this house is valued at £4,561 per sq meter (£423 per sq foot).
The average size of a house on KNIGHTON ROAD is 152 sq meters (1,637 sq feet).
This house is the smallest in the street with a floor area of 104 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Redmead Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Newent Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Claines Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Somerdale Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Lindsey Avenue |