£224,057
This estimated value is based upon the latest sale price for the house of £80,000 on 24 Jul 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£80,000 | 24 Jul 2002 |
£55,000 | 8 Sep 2000 |
Semi-Detached |
Freehold |
Floor Area: 183 sq meters or 1,969 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 2002 the House Price Index for WEST MIDLANDS was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £80,000 results in an estimated price of approximately £224,057.
24 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 148.6 | 180.072 % | £80,000 | £144,057 | £224,057 |
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 | 424.968 % | £339,974 | £419,974 |
3 Month Average | 112.702 % | £90,161 | £170,161 |
6 Month Average | 144.505 % | £115,604 | £195,604 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £238,206 | £235,000 | 65 CAVENDISH ROAD |
17 Mar 2023 | £392,801 | £389,100 | 366 ROTTON PARK ROAD |
6 Jan 2023 | £246,837 | £248,000 | 346 ROTTON PARK ROAD |
3 Nov 2022 | £256,888 | £260,000 | 57 CAVENDISH ROAD |
29 Apr 2022 | £195,662 | £190,000 | 14 SOUTHFIELD ROAD |
This house has a floor area of 183 sq meters or 1,969 sq feet when measured on 24 Feb 2016. Using an estimated price of £224,058 means this house is valued at £1,224 per sq meter (£113 per sq foot).
The average size of a house on ROTTON PARK ROAD is 134 sq meters (1,444 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkside |
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Parkside |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Parkside |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkside |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkside |