£279,074
This estimated value is based upon the latest sale price for the house of £179,500 on 8 Oct 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£179,500 | 8 Oct 2007 |
£58,500 | 22 Jan 2001 |
Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 October 2007 the House Price Index for WEST MIDLANDS was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £179,500 results in an estimated price of approximately £279,074.
8 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 148.6 | 55.473 % | £179,500 | £99,574 | £279,074 |
The Postcode Pricing Model uses changes in average sales price within the B70 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 | 45.496 % | £81,665 | £261,165 |
3 Month Average | 25.284 % | £45,384 | £224,884 |
6 Month Average | 51.900 % | £93,160 | £272,660 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £132,156 | £131,000 | 57 BURLINGTON ROAD |
14 Apr 2023 | £280,015 | £277,000 | 10 SALTERS VALE |
17 Mar 2023 | £302,853 | £300,000 | 1B DEVEREUX ROAD |
13 May 2022 | £152,881 | £150,000 | 7 BURLINGTON AVENUE |
11 Mar 2022 | £196,890 | £190,000 | 37 DEVEREUX ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 29 Oct 2021. Using an estimated price of £279,075 means this house is valued at £3,488 per sq meter (£324 per sq foot).
There is one other house on the street which we know the size of, this is 1 SALTERS VALE it is 59.0
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Salters Vale |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Salters Vale |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salters Vale |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salters Vale |
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Salisbury Road |