£322,785
This estimated value is based upon the latest sale price for the house of £210,000 on 20 Jun 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £210,000 | 20 Jun 2014 |
| £158,500 | 21 Nov 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 June 2014 the House Price Index for WEST MIDLANDS was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £210,000 results in an estimated price of approximately £322,785.
| 20 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £210,000 | £112,785 | £322,785 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 124.248 % | £260,921 | £470,921 |
| 3 Month Average | 55.897 % | £117,384 | £327,384 |
| 6 Month Average | 49.552 % | £104,059 | £314,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £264,630 | £260,000 | 19 LONGMOOR ROAD |
| 25 Aug 2023 | £272,383 | £270,000 | 34 BANNERS GATE ROAD |
| 29 Apr 2022 | £486,065 | £472,000 | 73 BANNERS GATE ROAD |
| 25 Mar 2022 | £331,604 | £320,000 | 43 BANNERS GATE ROAD |
| 30 Nov 2021 | £505,067 | £467,000 | 79 BANNERS GATE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 25 Mar 2014. Using an estimated price of £322,786 means this house is valued at £3,227 per sq meter (£299 per sq foot).
The average size of a house on LONGMOOR ROAD is 105 sq meters (1,137 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Banners Gate Road |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Banners Gate Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Rough Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rough Road |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Rough Road |