£86,845
This estimated value is based upon the latest sale price for the house of £80,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£80,000 | 30 Sep 2021 |
£70,000 | 4 Jul 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 557 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £80,000 results in an estimated price of approximately £86,845.
30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £80,000 | £6,845 | £86,845 |
The Postcode Pricing Model uses changes in average sales price within the B69 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 | 61.663 % | £49,330 | £129,330 |
3 Month Average | 8.640 % | £6,911 | £86,911 |
6 Month Average | -6.491 % | £-5,193 | £74,806 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Jun 2023 | £234,703 | £230,000 | 183 BIRMINGHAM ROAD |
6 Mar 2023 | £127,123 | £125,000 | 27 SEYMOUR ROAD |
28 Apr 2022 | £106,854 | £103,000 | 211 BIRMINGHAM ROAD |
6 Dec 2021 | £104,693 | £97,000 | 199 BIRMINGHAM ROAD |
1 Dec 2021 | £124,120 | £115,000 | 22 SEYMOUR ROAD |
This house has a floor area of 51 sq meters or 557 sq feet when measured on 12 Oct 2010. Using an estimated price of £86,846 means this house is valued at £1,675 per sq meter (£155 per sq foot).
The average size of a house on BIRMINGHAM ROAD is 79 sq meters (858 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Under investigation | On or near Sandwell Court |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sandwell Court |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandwell Court |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sandwell Court |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandwell Court |