£327,868
This estimated value is based upon the latest sale price for the house of £325,000 on 25 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £325,000 | 25 Aug 2023 |
| £225,000 | 5 May 2016 |
| £139,950 | 22 Aug 2003 |
| £82,000 | 17 Mar 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 August 2023 the House Price Index for WEST MIDLANDS was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £325,000 results in an estimated price of approximately £327,868.
| 25 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £325,000 | £2,868 | £327,868 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | -58.566 % | £-190,340 | £134,659 |
| 3 Month Average | -13.863 % | £-45,053 | £279,946 |
| 6 Month Average | -6.004 % | £-19,511 | £305,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £327,868 | £325,000 | 24 DOUAY ROAD |
| 11 Aug 2023 | £226,986 | £225,000 | 34 HARMAN ROAD |
| 12 Jul 2023 | £481,480 | £475,000 | 4 HARMAN ROAD |
| 3 Jul 2023 | £299,025 | £295,000 | 39 DOUAY ROAD |
| 2 Jun 2023 | £306,209 | £302,500 | 741 CHESTER ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 2 Nov 2015. Using an estimated price of £327,868 means this house is valued at £3,857 per sq meter (£358 per sq foot).
The average size of a house on DOUAY ROAD is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Douay Road | |
| Feb 2024 | Anti-social behaviour | On or near Douay Road | |
| Feb 2024 | Anti-social behaviour | On or near Douay Road | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Douay Road |
| Feb 2024 | Anti-social behaviour | On or near Douay Road |