£218,402
This estimated value is based upon the latest sale price for the house of £122,000 on 3 Feb 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £122,000 | 3 Feb 2006 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2006 the House Price Index for WEST MIDLANDS was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £122,000 results in an estimated price of approximately £218,402.
| 3 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 149.7 | 79.018 % | £122,000 | £96,402 | £218,402 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | 27.604 % | £33,677 | £155,677 |
| 3 Month Average | 58.276 % | £71,097 | £193,097 |
| 6 Month Average | 64.908 % | £79,187 | £201,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £180,000 | £180,000 | 109 OLD OAK ROAD |
| 3 Apr 2024 | £269,843 | £267,500 | 19 HIGH MEADOW ROAD |
| 1 Aug 2023 | £206,729 | £203,000 | 91 OLD OAK ROAD |
| 6 Feb 2023 | £291,950 | £290,000 | 5 HIGH MEADOW ROAD |
| 13 May 2022 | £231,019 | £225,000 | 4 HILL BANK ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 15 Sep 2018. Using an estimated price of £218,402 means this house is valued at £3,211 per sq meter (£298 per sq foot).
The average size of a house on HILL BANK ROAD is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Unable to prosecute suspect | On or near Hill Bank Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near High Meadow Road |
| Jul 2024 | Other crime | Under investigation | On or near Wharf Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wharf Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wharf Road |