£397,508
This estimated value is based upon the latest sale price for the house of £262,500 on 22 Aug 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £262,500 | 22 Aug 2014 |
| £270,000 | 5 Feb 2007 |
| £195,000 | 6 Dec 2002 |
| £115,000 | 5 Jul 1996 |
| Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 August 2014 the House Price Index for WEST MIDLANDS was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £262,500 results in an estimated price of approximately £397,508.
| 22 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £262,500 | £135,008 | £397,508 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 16.461 % | £43,210 | £305,710 |
| 3 Month Average | 27.425 % | £71,990 | £334,490 |
| 6 Month Average | 49.388 % | £129,644 | £392,144 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £464,060 | £460,000 | 348 HIGHTERS HEATH LANE |
| 16 Aug 2023 | £354,098 | £351,000 | 17 SHENSTONE ROAD |
| 11 Aug 2023 | £292,559 | £290,000 | 336 HIGHTERS HEATH LANE |
| 21 Jul 2023 | £293,956 | £290,000 | 21 PICKENHAM ROAD |
| 27 Jan 2023 | £283,664 | £285,000 | 18 HEATH RISE |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 14 May 2013. Using an estimated price of £397,509 means this house is valued at £2,779 per sq meter (£258 per sq foot).
The average size of a house on PICKENHAM ROAD is 131 sq meters (1,418 sq feet).
This house is the largest in the street with a floor area of 143 sq meters (1,539 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pickenham Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Pickenham Road |
| Feb 2024 | Criminal damage and arson | Offender given a caution | On or near Pickenham Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pickenham Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Netherdale Road |