£173,377
This estimated value is based upon the latest sale price for the house of £118,000 on 1 Apr 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£118,000 | 1 Apr 2015 |
£94,000 | 20 Aug 2003 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 April 2015 the House Price Index for WEST MIDLANDS was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £118,000 results in an estimated price of approximately £173,377.
1 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 148.6 | 46.930 % | £118,000 | £55,377 | £173,377 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 45.950 % | £54,220 | £172,220 |
3 Month Average | 66.914 % | £78,958 | £196,958 |
6 Month Average | 51.648 % | £60,944 | £178,944 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £188,295 | £185,000 | 229 MERRITTS HILL |
29 Sep 2023 | £182,331 | £180,000 | 5 KEWSTOKE CROFT |
12 Sep 2023 | £77,997 | £77,000 | 11A LONG NUKE ROAD |
2 Jun 2023 | £177,146 | £175,000 | 19 HOLLOWAY |
6 Apr 2023 | £176,905 | £175,000 | 19 HALESCROFT SQUARE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 20 Jan 2015. Using an estimated price of £173,378 means this house is valued at £1,683 per sq meter (£156 per sq foot).
The average size of a house on FOURLANDS ROAD is 143 sq meters (1,544 sq feet).
This house is the largest in the street with a floor area of 103 sq meters (1,108 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Robbery | Under investigation | On or near Fourlands Road |
Mar 2024 | Other theft | Under investigation | On or near Fourlands Road |
Mar 2024 | Other theft | Under investigation | On or near Fourlands Road |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fourlands Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fourlands Road |