£247,380
This estimated value is based upon the latest sale price for the house of £200,000 on 17 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £200,000 | 17 Aug 2018 |
| £150,000 | 11 Dec 2006 |
| £57,651 | 16 Sep 2002 |
| £68,950 | 11 Aug 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 August 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £200,000 results in an estimated price of approximately £247,380.
| 17 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £200,000 | £47,380 | £247,380 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 20.917 % | £41,833 | £241,833 |
| 3 Month Average | 38.243 % | £76,486 | £276,486 |
| 6 Month Average | 29.948 % | £59,896 | £259,896 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £388,662 | £385,000 | 62 BROAD LANE SOUTH |
| 29 Jul 2022 | £391,053 | £390,000 | 3 FIVE FIELDS ROAD |
| 25 Apr 2022 | £262,599 | £255,000 | 2 LEA VIEW |
| 22 Feb 2022 | £288,391 | £275,000 | 42 FIVE FIELDS ROAD |
| 12 Nov 2021 | £281,194 | £260,000 | 21 FIVE FIELDS ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 28 Mar 2018. Using an estimated price of £247,381 means this house is valued at £2,688 per sq meter (£249 per sq foot).
The average size of a house on BIRCHFIELDS ROAD is 104 sq meters (1,127 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lea View |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Five Fields Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Five Fields Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orwell Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broad Lane South |