£309,067
This estimated value is based upon the latest sale price for the house of £170,000 on 7 Aug 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £170,000 | 7 Aug 2009 |
| 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 August 2009 the House Price Index for WEST MIDLANDS was 82.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.804%.Applying this 81.804% change to the original purchase price of £170,000 results in an estimated price of approximately £309,067.
| 7 Aug 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 149.7 | 81.804 % | £170,000 | £139,067 | £309,067 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 97.502 % | £165,754 | £335,754 |
| 3 Month Average | 89.353 % | £151,900 | £321,900 |
| 6 Month Average | 80.509 % | £136,865 | £306,865 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2023 | £270,051 | £265,000 | 20 GROVE ROAD |
| 8 Sep 2022 | £287,808 | £288,000 | 84 GROVE ROAD |
| 10 Aug 2022 | £276,292 | £275,000 | 215 VICARAGE ROAD |
| 8 Jun 2022 | £475,157 | £465,000 | 56 HOWARD ROAD |
| 30 Sep 2021 | £607,919 | £560,000 | 54 TENBURY ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 18 Jan 2019. Using an estimated price of £309,067 means this house is valued at £3,359 per sq meter (£312 per sq foot).
The average size of a house on COLMORE ROAD is 130 sq meters (1,407 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colmore Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |
| Jun 2024 | Other theft | Under investigation | On or near Petrol Station |
| Jun 2024 | Other theft | Under investigation | On or near Petrol Station |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |