£374,239
This estimated value is based upon the latest sale price for the house of £106,950 on 30 Mar 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£106,950 | 30 Mar 2001 |
Semi-Detached |
Leasehold |
Floor Area: 81 sq meters or 871 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 March 2001 the House Price Index for WEST MIDLANDS was 42.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 249.920%.Applying this 249.920% change to the original purchase price of £106,950 results in an estimated price of approximately £374,239.
30 Mar 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.5 | 148.6 | 249.920 % | £106,950 | £267,289 | £374,239 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | 35.101 % | £37,540 | £144,490 |
3 Month Average | 166.789 % | £178,381 | £285,331 |
6 Month Average | 174.308 % | £186,422 | £293,372 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £348,090 | £342,000 | 89 SPRINGTHORPE ROAD |
22 Jul 2022 | £283,764 | £283,000 | 75 PYPE HAYES ROAD |
5 May 2022 | £510 | £500 | 85 PYPE HAYES ROAD |
8 Feb 2022 | £144,720 | £138,000 | 63 SPRINGTHORPE ROAD |
17 Aug 2020 | £299,767 | £250,000 | 30 VARLEY ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 6 Mar 2019. Using an estimated price of £374,239 means this house is valued at £4,620 per sq meter (£429 per sq foot).
The average size of a house on VARLEY ROAD is 73 sq meters (795 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pype Hayes Road |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Edinburgh Court |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edinburgh Court |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edinburgh Court |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Edinburgh Court |