£354,691
This estimated value is based upon the latest sale price for the house of £285,000 on 21 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 |
---|---|
£285,000 | 21 Mar 2019 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £285,000 results in an estimated price of approximately £354,691.
21 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.453 % | £285,000 | £69,691 | £354,691 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 38.188 % | £108,835 | £393,835 |
3 Month Average | 33.009 % | £94,075 | £379,075 |
6 Month Average | 17.318 % | £49,356 | £334,356 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £290,000 | £290,000 | 18 MELBURY GROVE |
15 Dec 2023 | £335,303 | £325,000 | 135 WOODTHORPE ROAD |
30 Nov 2023 | £359,116 | £350,000 | 64 BRANDWOOD ROAD |
11 Nov 2022 | £381,217 | £383,000 | 133 WOODTHORPE ROAD |
31 Jan 2022 | £304,807 | £287,500 | 66 BRANDWOOD ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 31 Aug 2018. Using an estimated price of £354,692 means this house is valued at £4,030 per sq meter (£374 per sq foot).
The average size of a house on HANNON ROAD is 102 sq meters (1,108 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hannon Road |
Apr 2024 | Public order | Local resolution | On or near Hannon Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melbury Grove |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melbury Grove |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Maurice Road |