£173,146
This estimated value is based upon the latest sale price for the house of £110,000 on 31 Mar 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 31 Mar 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 March 2014 the House Price Index for WEST MIDLANDS was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £110,000 results in an estimated price of approximately £173,146.
| 31 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £110,000 | £63,146 | £173,146 |
The Postcode Pricing Model uses changes in average sales price within the B21 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 | 86.185 % | £94,803 | £204,803 |
| 3 Month Average | 49.812 % | £54,793 | £164,793 |
| 6 Month Average | 68.052 % | £74,857 | £184,857 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £164,000 | £164,000 | 43 TEW PARK ROAD |
| 1 Sep 2023 | £162,072 | £160,000 | 154 NINEVEH ROAD |
| 21 Jul 2023 | £165,224 | £163,000 | 89 TEW PARK ROAD |
| 31 Mar 2023 | £136,284 | £135,000 | 60 TEW PARK ROAD |
| 17 Mar 2023 | £128,208 | £127,000 | 50 TEW PARK ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 18 Jan 2014. Using an estimated price of £173,147 means this house is valued at £2,013 per sq meter (£187 per sq foot).
The average size of a house on REYNOLDS ROAD is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdale Croft |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Langdale Croft |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tew Park Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tew Park Road |
| Feb 2024 | Drugs | Under investigation | On or near Tew Park Road |