£156,450
This estimated value is based upon the latest sale price for the house of £44,000 on 14 Feb 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£44,000 | 14 Feb 2001 |
£25,000 | 20 Aug 1999 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 2001 the House Price Index for WEST MIDLANDS was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £44,000 results in an estimated price of approximately £156,450.
14 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.1 | 149.7 | 255.570 % | £44,000 | £112,450 | £156,450 |
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 | 119.754 % | £52,691 | £96,691 |
3 Month Average | 172.352 % | £75,835 | £119,835 |
6 Month Average | 228.053 % | £100,343 | £144,343 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Oct 2023 | £133,021 | £130,000 | 17 FLAX GARDENS |
28 Sep 2023 | £56,240 | £55,000 | 33 WILLMORE GROVE |
21 Apr 2023 | £90,187 | £88,500 | 7 WILLMORE GROVE |
6 Apr 2023 | £193,622 | £190,000 | 11 YARROW DRIVE |
8 Mar 2023 | £215,601 | £212,000 | 14 FLAX GARDENS |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 21 Aug 2013. Using an estimated price of £156,451 means this house is valued at £2,031 per sq meter (£188 per sq foot).
The average size of a house on PRIMROSE GARDENS is 121 sq meters (1,307 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Primrose Gardens |
May 2024 | Burglary | Unable to prosecute suspect | On or near Reedmace Close |
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Reedmace Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stonecrop Close |
Apr 2024 | Criminal damage and arson | Local resolution | On or near Stonecrop Close |