£241,170
This estimated value is based upon the latest sale price for the house of £152,000 on 29 Jun 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £152,000 | 29 Jun 2007 |
| £125,000 | 28 Nov 2003 |
| £80,000 | 6 Feb 2001 |
| £67,500 | 18 Mar 1998 |
| £54,150 | 19 May 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 102 sq meters or 1,097 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 June 2007 the House Price Index for WEST MIDLANDS was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £152,000 results in an estimated price of approximately £241,170.
| 29 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £152,000 | £89,170 | £241,170 |
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 | 287.284 % | £436,671 | £588,671 |
| 3 Month Average | 53.758 % | £81,711 | £233,711 |
| 6 Month Average | 76.452 % | £116,206 | £268,206 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £416,161 | £410,000 | 427 GILLOTT ROAD |
| 22 Sep 2023 | £194,487 | £192,000 | FLAT 18 EDWARD COURT, 317 HAGLEY ROAD |
| 11 Sep 2023 | £210,187 | £207,500 | 1 MELVILLE HALL HOLLY ROAD |
| 29 Mar 2023 | £573,402 | £568,000 | 21 MELVILLE ROAD |
| 31 Jan 2023 | £237,879 | £239,000 | 11 MELVILLE HALL HOLLY ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 19 Dec 2012. Using an estimated price of £241,170 means this house is valued at £2,364 per sq meter (£219 per sq foot).
The average size of a house on MELVILLE ROAD is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Holly Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Holly Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Holly Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Road |