£288,257
This estimated value is based upon the latest sale price for the house of £168,000 on 15 Sep 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£168,000 | 15 Sep 2006 |
Semi-Detached |
Freehold |
Floor Area: 130 sq meters or 1,399 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 September 2006 the House Price Index for WEST MIDLANDS was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £168,000 results in an estimated price of approximately £288,257.
15 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 149.7 | 71.582 % | £168,000 | £120,257 | £288,257 |
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 | 89.584 % | £150,501 | £318,501 |
3 Month Average | 72.827 % | £122,350 | £290,350 |
6 Month Average | 70.642 % | £118,679 | £286,679 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £284,461 | £278,000 | 67 PATRICK ROAD |
10 Aug 2023 | £285,143 | £280,000 | 19 VERA ROAD |
4 Aug 2023 | £366,612 | £360,000 | 12 VERA ROAD |
17 Mar 2023 | £292,891 | £288,000 | 25 PATRICK ROAD |
13 Mar 2023 | £233,906 | £230,000 | 41 VERA ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 6 Feb 2015. Using an estimated price of £288,258 means this house is valued at £2,217 per sq meter (£206 per sq foot).
The average size of a house on PATRICK ROAD is 109 sq meters (1,181 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Patrick Road | |
May 2024 | Anti-social behaviour | On or near Patrick Road | |
May 2024 | Anti-social behaviour | On or near Patrick Road | |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Patrick Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Moat Lane |