£395,852
This estimated value is based upon the latest sale price for the house of £382,000 on 11 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£382,000 | 11 Mar 2022 |
£306,485 | 17 Jan 2018 |
£199,950 | 9 Jun 2004 |
£180,000 | 12 Mar 2004 |
Detached |
Freehold |
Floor Area: 131 sq meters or 1,410 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 March 2022 the House Price Index for WEST MIDLANDS was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £382,000 results in an estimated price of approximately £395,852.
11 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £382,000 | £13,852 | £395,852 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | -76.922 % | £-293,841 | £88,158 |
3 Month Average | -11.562 % | £-44,166 | £337,833 |
6 Month Average | -10.633 % | £-40,617 | £341,382 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2023 | £237,074 | £235,000 | 114 EDWARDS ROAD |
28 Oct 2022 | £232,497 | £235,000 | 135 EDWARDS ROAD |
20 May 2022 | £234,417 | £230,000 | 133 ORCHARD ROAD |
17 Mar 2022 | £231,086 | £223,000 | 131 EDWARDS ROAD |
11 Mar 2022 | £395,852 | £382,000 | 134 ORCHARD ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 16 Jan 2017. Using an estimated price of £395,852 means this house is valued at £3,021 per sq meter (£280 per sq foot).
The average size of a house on ORCHARD ROAD is 139 sq meters (1,500 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hepburn Edge |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Hepburn Edge |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moor End Lane |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Moor End Lane |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Moor End Lane |