£93,488
This estimated value is based upon the latest sale price for the house of £70,000 on 3 Jun 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,000 | 3 Jun 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 28 sq meters or 310 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 June 2016 the House Price Index for WEST MIDLANDS was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £70,000 results in an estimated price of approximately £93,488.
| 3 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £70,000 | £23,488 | £93,488 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 343.912 % | £240,738 | £310,738 |
| 3 Month Average | 63.311 % | £44,317 | £114,317 |
| 6 Month Average | 68.916 % | £48,241 | £118,241 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £432,569 | £425,000 | 103 STIRLING ROAD |
| 21 Jun 2023 | £268,249 | £265,000 | 75 WATERWORKS ROAD |
| 27 Mar 2023 | £277,615 | £275,000 | 22 HAROLD ROAD |
| 27 Mar 2023 | £151,427 | £150,000 | 244A MONUMENT ROAD |
| 17 Feb 2023 | £214,855 | £215,000 | 3 ELDON ROAD |
This house has a floor area of 28 sq meters or 310 sq feet when measured on 5 Nov 2009. Using an estimated price of £93,488 means this house is valued at £3,246 per sq meter (£301 per sq foot).
The average size of a house on WATERWORKS ROAD is 103 sq meters (1,116 sq feet).
This house is the smallest in the street with a floor area of 28 sq meters (310 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Waterworks Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Waterworks Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Waterworks Road |
| Apr 2024 | Anti-social behaviour | On or near Waterworks Road | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Waterworks Road |