£397,877
This estimated value is based upon the latest sale price for the house of £155,000 on 22 Nov 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £155,000 | 22 Nov 2002 |
| £83,500 | 1 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,115 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 November 2002 the House Price Index for WEST MIDLANDS was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £155,000 results in an estimated price of approximately £397,877.
| 22 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £155,000 | £242,877 | £397,877 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | 19.893 % | £30,834 | £185,834 |
| 3 Month Average | 93.288 % | £144,597 | £299,597 |
| 6 Month Average | 128.457 % | £199,107 | £354,107 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £363,177 | £360,000 | 64 GREEN ROAD |
| 31 Jul 2023 | £253,411 | £250,000 | 258 SAREHOLE ROAD |
| 16 Jan 2023 | £251,814 | £253,000 | 249 SAREHOLE ROAD |
| 4 Nov 2022 | £469,315 | £475,000 | 12 SOUTHAM CLOSE |
| 31 Mar 2022 | £516,059 | £498,000 | 11 SOUTHAM CLOSE |
This house has a floor area of 103 sq meters or 1,115 sq feet when measured on 27 Oct 2008. Using an estimated price of £397,877 means this house is valued at £3,837 per sq meter (£356 per sq foot).
The average size of a house on SAREHOLE ROAD is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Sarehole Road | |
| Feb 2024 | Anti-social behaviour | On or near Sarehole Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sarehole Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |