£202,523
This estimated value is based upon the latest sale price for the house of £194,000 on 11 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£194,000 | 11 Mar 2022 |
£146,000 | 17 Oct 2006 |
£27,000 | 19 Jul 1996 |
Semi-Detached |
Freehold |
Floor Area: 105 sq meters or 1,130 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 2022 the House Price Index for WEST MIDLANDS was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £194,000 results in an estimated price of approximately £202,523.
11 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £194,000 | £8,523 | £202,523 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | -3.625 % | £-7,032 | £186,967 |
3 Month Average | 16.144 % | £31,318 | £225,318 |
6 Month Average | 11.326 % | £21,971 | £215,971 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £121,051 | £120,000 | 89 ETTINGSHALL ROAD |
20 Dec 2023 | £238,323 | £231,000 | 3 FOZDAR CRESCENT |
8 Dec 2023 | £103,170 | £100,000 | 55 MEADOW LANE |
12 Oct 2023 | £123,812 | £121,000 | 27 FOSTER AVENUE |
11 Aug 2023 | £180,251 | £177,000 | 370 BIRMINGHAM NEW ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 13 Jul 2021. Using an estimated price of £202,523 means this house is valued at £1,928 per sq meter (£179 per sq foot).
The average size of a house on BIRMINGHAM NEW ROAD is 84 sq meters (906 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Hessian Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hessian Close |
Jul 2024 | Anti-social behaviour | On or near Hessian Close | |
May 2024 | Violence and sexual offences | Under investigation | On or near Hessian Close |
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hessian Close |