£544,044
This estimated value is based upon the latest sale price for the house of £268,000 on 26 May 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £268,000 | 26 May 2004 |
| £85,000 | 26 Jun 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 May 2004 the House Price Index for WEST MIDLANDS was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £268,000 results in an estimated price of approximately £544,044.
| 26 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £268,000 | £276,044 | £544,044 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 116.069 % | £311,065 | £579,065 |
| 3 Month Average | 73.081 % | £195,856 | £463,856 |
| 6 Month Average | 57.503 % | £154,108 | £422,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £139,161 | £136,000 | APARTMENT 5 ST. JAMES'S COURT, 54 WHEATSHEAF ROAD |
| 29 Sep 2023 | £567,510 | £555,000 | 49 SELWYN ROAD |
| 12 Sep 2023 | £306,762 | £300,000 | FLAT 1 24 SELWYN ROAD |
| 9 Jun 2023 | £430,630 | £422,000 | 41 SELWYN ROAD |
| 14 Apr 2023 | £351,576 | £345,000 | 71 SELWYN ROAD |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 6 Oct 2012. Using an estimated price of £544,044 means this house is valued at £3,752 per sq meter (£348 per sq foot).
The average size of a house on SELWYN ROAD is 164 sq meters (1,772 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wheatsheaf Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatsheaf Road |
| Jun 2024 | Public order | Under investigation | On or near Deer Park Road |
| Apr 2024 | Drugs | Awaiting court outcome | On or near Deer Park Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Selwyn Road |