£370,012
This estimated value is based upon the latest sale price for the house of £300,000 on 9 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £300,000 | 9 Jul 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 July 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £300,000 results in an estimated price of approximately £370,012.
| 9 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £300,000 | £70,012 | £370,012 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 214.811 % | £644,431 | £944,431 |
| 3 Month Average | 31.205 % | £93,615 | £393,615 |
| 6 Month Average | 41.853 % | £125,560 | £425,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £455,828 | £450,000 | 363 CITY ROAD |
| 9 Jun 2023 | £325,442 | £321,500 | 18 RAVENSHAW ROAD |
| 22 Jun 2022 | £963,618 | £950,000 | TEMPLE ROW HOUSE, 369 CITY ROAD |
| 25 Mar 2022 | £238,340 | £230,000 | 1 NEWNHAM ROAD |
| 14 Jul 2021 | £160,897 | £140,000 | 20 BREWERS SQUARE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 13 Mar 2014. Using an estimated price of £370,012 means this house is valued at £3,008 per sq meter (£279 per sq foot).
The average size of a house on CITY ROAD is 176 sq meters (1,901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayland Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near B4125 |
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near B4125 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B4125 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B4125 |