£288,025
This estimated value is based upon the latest sale price for the house of £165,000 on 20 Nov 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £165,000 | 20 Nov 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 862 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 November 2009 the House Price Index for WEST MIDLANDS was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £165,000 results in an estimated price of approximately £288,025.
| 20 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.561 % | £165,000 | £123,025 | £288,025 |
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 | -34.366 % | £-56,704 | £108,295 |
| 3 Month Average | 31.753 % | £52,391 | £217,391 |
| 6 Month Average | 37.633 % | £62,095 | £227,095 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £237,074 | £235,000 | 114 EDWARDS ROAD |
| 10 Feb 2023 | £264,322 | £264,500 | 99 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 |
This house has a floor area of 80 sq meters or 862 sq feet when measured on 7 Feb 2009. Using an estimated price of £288,026 means this house is valued at £3,593 per sq meter (£333 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 | Vehicle crime | Unable to prosecute suspect | On or near Moor End Lane |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Moor End Lane |