£153,348
This estimated value is based upon the latest sale price for the house of £124,000 on 5 Apr 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £124,000 | 5 Apr 2019 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 April 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £124,000 results in an estimated price of approximately £153,348.
| 5 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £124,000 | £29,348 | £153,348 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | 10.425 % | £12,927 | £136,927 |
| 3 Month Average | 18.224 % | £22,597 | £146,597 |
| 6 Month Average | 30.546 % | £37,877 | £161,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £121,059 | £120,000 | 9 BROADWAY COURT POTTERY ROAD |
| 30 Jun 2023 | £298,617 | £295,000 | 34 ABBEY CRESCENT |
| 16 Jun 2023 | £218,902 | £216,250 | 17 TELFORD CLOSE |
| 17 Apr 2023 | £192,068 | £190,000 | 7 TELFORD CLOSE |
| 17 Mar 2023 | £242,283 | £240,000 | 141 POTTERY ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 31 Jan 2019. Using an estimated price of £153,348 means this house is valued at £1,916 per sq meter (£178 per sq foot).
The average size of a house on POTTERY ROAD is 85 sq meters (917 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Pottery Road | |
| Apr 2024 | Anti-social behaviour | On or near Pottery Road | |
| Apr 2024 | Anti-social behaviour | On or near Pottery Road | |
| Apr 2024 | Anti-social behaviour | On or near Pottery Road | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Pottery Road |