£134,472
This estimated value is based upon the latest sale price for the house of £101,000 on 12 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £101,000 | 12 Aug 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £101,000 results in an estimated price of approximately £134,472.
| 12 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £101,000 | £33,472 | £134,472 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | -2.690 % | £-2,716 | £98,283 |
| 3 Month Average | 4.504 % | £4,548 | £105,548 |
| 6 Month Average | 25.404 % | £25,657 | £126,657 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £136,842 | £135,000 | 101 DEANSFIELD ROAD |
| 7 Jul 2023 | £146,978 | £145,000 | 321 DEANS ROAD |
| 24 Mar 2023 | £171,617 | £170,000 | 66 HELMING DRIVE |
| 9 Nov 2022 | £182,786 | £185,000 | 18 BOWMANS RISE |
| 10 Jun 2022 | £177,509 | £175,000 | 25 HILLSIDE GARDENS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 8 Feb 2016. Using an estimated price of £134,472 means this house is valued at £1,600 per sq meter (£148 per sq foot).
The average size of a house on BOWMANS RISE is 110 sq meters (1,187 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bowman'S Rise |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Bowman'S Rise |
| Apr 2024 | Robbery | Under investigation | On or near Friesland Drive |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Friesland Drive |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Friesland Drive |