£165,638
This estimated value is based upon the latest sale price for the house of £89,000 on 15 Apr 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £89,000 | 15 Apr 2005 |
| £35,500 | 17 Apr 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 664 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 2005 the House Price Index for WEST MIDLANDS was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £89,000 results in an estimated price of approximately £165,638.
| 15 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.110 % | £89,000 | £76,638 | £165,638 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 73.218 % | £65,163 | £154,163 |
| 3 Month Average | 58.797 % | £52,329 | £141,329 |
| 6 Month Average | 66.114 % | £58,841 | £147,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £167,137 | £165,000 | 33 MILL ROAD |
| 25 Aug 2023 | £181,589 | £180,000 | 39 COPPICE ROAD |
| 6 Jul 2023 | £359,843 | £355,000 | 17 TIMBERTREE ROAD |
| 28 Jun 2023 | £169,048 | £167,000 | 62 TIMBERTREE CRESCENT |
| 2 Jun 2023 | £172,084 | £170,000 | 5 MILL ROAD |
This house has a floor area of 61 sq meters or 664 sq feet when measured on 14 Jan 2012. Using an estimated price of £165,638 means this house is valued at £2,683 per sq meter (£249 per sq foot).
The average size of a house on MILL ROAD is 83 sq meters (894 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (664 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Mill Road |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Mill Road |
| Mar 2024 | Anti-social behaviour | On or near Spring Crescent | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spring Crescent |