£244,606
This estimated value is based upon the latest sale price for the house of £198,000 on 6 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£198,000 | 6 Mar 2019 |
£100,000 | 13 Aug 2002 |
£59,950 | 29 Jan 1998 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 March 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £198,000 results in an estimated price of approximately £244,606.
6 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.539 % | £198,000 | £46,606 | £244,606 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 13.070 % | £25,877 | £223,877 |
3 Month Average | -11.923 % | £-23,607 | £174,392 |
6 Month Average | 6.556 % | £12,980 | £210,980 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Sep 2023 | £270,458 | £267,000 | 74 VENTNOR ROAD |
1 Sep 2023 | £327,183 | £323,000 | 5 STUDLEY CROFT |
25 Aug 2023 | £211,853 | £210,000 | 27 STUDLEY CROFT |
24 Jul 2023 | £392,786 | £387,500 | 1 STUDLEY CROFT |
26 Jun 2023 | £237,881 | £235,000 | 117 VALLEY ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 12 Dec 2018. Using an estimated price of £244,607 means this house is valued at £2,844 per sq meter (£264 per sq foot).
The average size of a house on VALLEY ROAD is 92 sq meters (999 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Valley Road |
Mar 2024 | Violence and sexual offences | Local resolution | On or near Valley Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Valley Road |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Valley Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Valley Road |