£326,930
This estimated value is based upon the latest sale price for the house of £245,000 on 24 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £245,000 | 24 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 October 2016 the House Price Index for WEST MIDLANDS was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £245,000 results in an estimated price of approximately £326,930.
| 24 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £245,000 | £81,930 | £326,930 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 61.840 % | £151,506 | £396,506 |
| 3 Month Average | 41.185 % | £100,902 | £345,902 |
| 6 Month Average | 32.083 % | £78,603 | £323,603 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £290,000 | £290,000 | 18 MELBURY GROVE |
| 15 Dec 2023 | £335,303 | £325,000 | 135 WOODTHORPE ROAD |
| 11 Apr 2023 | £331,195 | £325,000 | 124 WOODTHORPE ROAD |
| 11 Nov 2022 | £381,217 | £383,000 | 133 WOODTHORPE ROAD |
| 10 Dec 2021 | £361,568 | £335,000 | 12 BRANDWOOD GROVE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 20 May 2016. Using an estimated price of £326,931 means this house is valued at £3,477 per sq meter (£323 per sq foot).
The average size of a house on HANNON ROAD is 102 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Local resolution | On or near Hannon Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hannon Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Maurice Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maurice Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maurice Road |