£205,509
This estimated value is based upon the latest sale price for the house of £70,000 on 31 May 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £70,000 | 31 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 May 2002 the House Price Index for WEST MIDLANDS was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £70,000 results in an estimated price of approximately £205,509.
| 31 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £70,000 | £135,509 | £205,509 |
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 | 232.177 % | £162,524 | £232,524 |
| 3 Month Average | 213.938 % | £149,756 | £219,756 |
| 6 Month Average | 183.572 % | £128,500 | £198,500 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £267,104 | £263,000 | 19 HEATHFIELD ROAD |
| 15 Dec 2023 | £397,205 | £385,000 | 55 WOODVILLE ROAD |
| 16 Nov 2023 | £420,679 | £410,000 | 26 WOODVILLE ROAD |
| 22 Aug 2023 | £386,980 | £380,000 | 31 WOODVILLE ROAD |
| 23 Jun 2023 | £244,908 | £240,000 | 20 FLORENCE ROAD |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 12 Feb 2021. Using an estimated price of £205,509 means this house is valued at £1,447 per sq meter (£134 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Florence Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Florence Road |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Florence Road |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Florence Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Florence Road |