£178,839
This estimated value is based upon the latest sale price for the house of £145,000 on 16 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,000 | 16 Jul 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 July 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £145,000 results in an estimated price of approximately £178,839.
| 16 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £145,000 | £33,839 | £178,839 |
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 | 2.375 % | £3,444 | £148,444 |
| 3 Month Average | 15.802 % | £22,912 | £167,912 |
| 6 Month Average | 15.193 % | £22,029 | £167,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £203,513 | £200,500 | 44 FALLINDALE ROAD |
| 7 Nov 2023 | £248,682 | £245,000 | 93 DOWNSFIELD ROAD |
| 14 Apr 2023 | £207,231 | £205,000 | 377 BRAYS ROAD |
| 30 Mar 2023 | £191,807 | £190,000 | 398 BRAYS ROAD |
| 13 Aug 2021 | £189,655 | £170,000 | 52 FALLINDALE ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 12 Apr 2019. Using an estimated price of £178,839 means this house is valued at £2,032 per sq meter (£188 per sq foot).
The average size of a house on BRAYS ROAD is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Heath Fields Way |
| Feb 2024 | Other theft | Under investigation | On or near Heath Fields Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heath Fields Way |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Heath Fields Way |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Heath Fields Way |