£108,707
This estimated value is based upon the latest sale price for the house of £83,000 on 13 Feb 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £83,000 | 13 Feb 2017 |
| £50,000 | 8 Nov 2002 |
| £32,000 | 14 Jan 2000 |
| £29,950 | 15 Apr 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 February 2017 the House Price Index for WEST MIDLANDS was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £83,000 results in an estimated price of approximately £108,707.
| 13 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £83,000 | £25,707 | £108,707 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | 6.646 % | £5,516 | £88,516 |
| 3 Month Average | 28.483 % | £23,641 | £106,641 |
| 6 Month Average | 35.109 % | £29,140 | £112,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £256,000 | £256,000 | 91 WALKERS HEATH ROAD |
| 9 Apr 2024 | £292,540 | £290,000 | 42 MONKSWAY |
| 28 Nov 2023 | £102,605 | £100,000 | 32 HILLMEADS ROAD |
| 18 Aug 2023 | £234,224 | £230,000 | 75 HEATHSIDE DRIVE |
| 26 Apr 2023 | £107,001 | £105,000 | 1 HILLMEADS ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 20 Feb 2015. Using an estimated price of £108,708 means this house is valued at £1,411 per sq meter (£131 per sq foot).
The average size of a house on HILLMEADS ROAD is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Cavendish Close | |
| Jun 2024 | Anti-social behaviour | On or near Cavendish Close | |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Cavendish Close |
| Jun 2024 | Anti-social behaviour | On or near Cavendish Close | |
| Jun 2024 | Anti-social behaviour | On or near Cavendish Close |