£284,133
This estimated value is based upon the latest sale price for the house of £190,500 on 1 Dec 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£190,500 | 1 Dec 2014 |
£199,950 | 19 Oct 2007 |
Semi-Detached |
Freehold |
Floor Area: 108 sq meters or 1,162 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 December 2014 the House Price Index for WEST MIDLANDS was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £190,500 results in an estimated price of approximately £284,133.
1 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 148.6 | 49.151 % | £190,500 | £93,633 | £284,133 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 149.594 % | £284,976 | £475,476 |
3 Month Average | 48.512 % | £92,415 | £282,915 |
6 Month Average | 37.791 % | £71,991 | £262,491 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £325,699 | £320,000 | 76 THE GREENWAY |
28 Sep 2023 | £177,267 | £175,000 | 66 BENDALL ROAD |
21 Jul 2023 | £243,274 | £240,000 | 52 WELSHMANS HILL |
19 Jul 2023 | £349,707 | £345,000 | 5 GREENWAY DRIVE |
20 Jun 2023 | £369,475 | £365,000 | 70 THE GREENWAY |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 17 Oct 2013. Using an estimated price of £284,133 means this house is valued at £2,630 per sq meter (£244 per sq foot).
The average size of a house on WELSHMANS HILL is 83 sq meters (896 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welshmans Hill |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welshmans Hill |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welshmans Hill |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welshmans Hill |
Mar 2024 | Vehicle crime | Under investigation | On or near Welshmans Hill |