£238,123
This estimated value is based upon the latest sale price for the house of £168,000 on 9 Oct 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £168,000 | 9 Oct 2015 |
| £180,000 | 7 Nov 2007 |
| £180,000 | 7 Nov 2007 |
| £103,000 | 18 Oct 2001 |
| £103,000 | 18 Oct 2001 |
| Terraced |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 October 2015 the House Price Index for WEST MIDLANDS was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £168,000 results in an estimated price of approximately £238,123.
| 9 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £168,000 | £70,123 | £238,123 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 46.077 % | £77,408 | £245,408 |
| 3 Month Average | 52.694 % | £88,526 | £256,526 |
| 6 Month Average | 53.832 % | £90,437 | £258,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £247,609 | £240,000 | 34 RECTORY PARK ROAD |
| 12 Oct 2023 | £263,996 | £258,000 | 24 MARDON ROAD |
| 6 Oct 2023 | £291,623 | £285,000 | 125 SHEAF LANE |
| 1 Jun 2023 | £215,825 | £211,500 | 48 RECTORY PARK ROAD |
| 31 Mar 2023 | £308,146 | £303,000 | 21 RECTORY PARK ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 10 Sep 2012. Using an estimated price of £238,124 means this house is valued at £2,976 per sq meter (£276 per sq foot).
The average size of a house on MARDON ROAD is 100 sq meters (1,077 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Mardon Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mardon Road |
| Jul 2024 | Public order | Under investigation | On or near Shaftsbury Road |
| Jul 2024 | Anti-social behaviour | On or near Shaftsbury Road | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shaftsbury Road |