£319,010
This estimated value is based upon the latest sale price for the house of £260,000 on 19 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Rowlands Road
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| Price Paid | Date |
|---|---|
| £260,000 | 19 Sep 2019 |
| £130,000 | 20 Feb 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £260,000 results in an estimated price of approximately £319,010.
| 19 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £260,000 | £59,010 | £319,010 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 1.611 % | £4,187 | £264,187 |
| 3 Month Average | 21.585 % | £56,121 | £316,121 |
| 6 Month Average | 14.733 % | £38,306 | £298,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £334,502 | £330,000 | 46 ROWLANDS ROAD |
| 12 Jul 2023 | £359,843 | £355,000 | 54 ROWLANDS ROAD |
| 28 Feb 2023 | £309,792 | £310,000 | 64 ROWLANDS ROAD |
| 27 Feb 2023 | £244,835 | £245,000 | 1692 COVENTRY ROAD |
| 4 Jan 2023 | £308,547 | £310,000 | 59 ROWLANDS ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 29 Nov 2018. Using an estimated price of £319,011 means this house is valued at £3,430 per sq meter (£318 per sq foot).
The average size of a house on ROWLANDS ROAD is 115 sq meters (1,241 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Rowlands Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Rowlands Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowlands Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowlands Road |
| Feb 2024 | Robbery | Local resolution | On or near Rowlands Road |