£299,046
This estimated value is based upon the latest sale price for the house of £192,000 on 30 May 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £192,000 | 30 May 2014 |
| £55,000 | 18 Aug 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 May 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £192,000 results in an estimated price of approximately £299,046.
| 30 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £192,000 | £107,046 | £299,046 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | 7.220 % | £13,862 | £205,862 |
| 3 Month Average | 48.375 % | £92,880 | £284,880 |
| 6 Month Average | 66.167 % | £127,041 | £319,041 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £283,718 | £275,000 | 43 CALVERLEY ROAD |
| 23 Nov 2023 | £189,818 | £185,000 | 55 CALVERLEY ROAD |
| 22 Sep 2023 | £282,221 | £276,000 | 21 AVERSLEY ROAD |
| 28 Jun 2023 | £306,135 | £300,000 | 40 AVERSLEY ROAD |
| 28 Apr 2023 | £299,604 | £294,000 | 299 REDDITCH ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 22 Oct 2013. Using an estimated price of £299,046 means this house is valued at £3,250 per sq meter (£301 per sq foot).
The average size of a house on CALVERLEY ROAD is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Calverley Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Calverley Road |
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Redditch Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Redditch Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redditch Road |