£225,497
This estimated value is based upon the latest sale price for the house of £142,000 on 6 Jul 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£142,000 | 6 Jul 2007 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 July 2007 the House Price Index for WEST MIDLANDS was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £142,000 results in an estimated price of approximately £225,497.
6 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 149.7 | 58.801 % | £142,000 | £83,497 | £225,497 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 78.931 % | £112,082 | £254,082 |
3 Month Average | 73.588 % | £104,495 | £246,495 |
6 Month Average | 66.477 % | £94,396 | £236,396 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £239,000 | £239,000 | 3 PALMVALE CROFT |
4 Aug 2023 | £198,582 | £195,000 | 169 HORRELL ROAD |
26 Jan 2023 | £215,576 | £215,000 | 171 BENEDON ROAD |
26 Jan 2023 | £335,898 | £335,000 | 89 BENEDON ROAD |
5 Aug 2022 | £281,315 | £280,000 | 158 BENEDON ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 Sep 2013. Using an estimated price of £225,497 means this house is valued at £3,221 per sq meter (£299 per sq foot).
The average size of a house on BENEDON ROAD is 83 sq meters (900 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eltonia Croft |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palmvale Croft |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Horrell Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Horrell Road |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Horrell Road |