£165,338
This estimated value is based upon the latest sale price for the house of £91,075 on 25 Dec 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£91,075 | 25 Dec 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 December 2005 the House Price Index for WEST MIDLANDS was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £91,075 results in an estimated price of approximately £165,338.
25 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.5 | 149.7 | 81.541 % | £91,075 | £74,263 | £165,338 |
The Postcode Pricing Model uses changes in average sales price within the B69 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 | 156.474 % | £142,508 | £233,583 |
3 Month Average | 80.160 % | £73,005 | £164,080 |
6 Month Average | 61.107 % | £55,653 | £146,728 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Apr 2023 | £199,736 | £196,000 | 50A BIRMINGHAM STREET |
27 Mar 2023 | £107,800 | £106,000 | 17 BRIDGE STREET |
8 Jul 2022 | £93,436 | £92,500 | FLAT 5 JACKSON HOUSE OLDBURY GREEN |
6 Jul 2022 | £161,619 | £160,000 | 132 MCKEAN ROAD |
4 Mar 2022 | £156,590 | £150,000 | 6 SIMPSON STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 8 Oct 2020. Using an estimated price of £165,338 means this house is valued at £3,006 per sq meter (£279 per sq foot).
The average size of a house on FLASH ROAD is 60 sq meters (646 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Flash Road | |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Flash Road |
Jul 2024 | Anti-social behaviour | On or near Flash Road | |
May 2024 | Other theft | Under investigation | On or near Flash Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pinfold Street |