£119,412
This estimated value is based upon the latest sale price for the house of £97,600 on 10 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £97,600 | 10 Feb 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 February 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £97,600 results in an estimated price of approximately £119,412.
| 10 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £97,600 | £21,812 | £119,412 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | -8.181 % | £-7,984 | £89,615 |
| 3 Month Average | 19.921 % | £19,443 | £117,043 |
| 6 Month Average | 15.970 % | £15,586 | £113,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £188,295 | £185,000 | 229 MERRITTS HILL |
| 29 Sep 2023 | £182,331 | £180,000 | 5 KEWSTOKE CROFT |
| 2 Jun 2023 | £177,146 | £175,000 | 19 HOLLOWAY |
| 6 Apr 2023 | £176,905 | £175,000 | 19 HALESCROFT SQUARE |
| 27 Jan 2023 | £179,156 | £180,000 | 231 MERRITTS HILL |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 22 Oct 2014. Using an estimated price of £119,413 means this house is valued at £1,170 per sq meter (£108 per sq foot).
The average size of a house on FOURLANDS ROAD is 143 sq meters (1,544 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dawn Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dawn Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Dawn Road |
| Mar 2024 | Robbery | Under investigation | On or near Fourlands Road |
| Mar 2024 | Other theft | Under investigation | On or near Fourlands Road |