£147,853
This estimated value is based upon the latest sale price for the house of £69,000 on 5 Jan 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£69,000 | 5 Jan 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 530 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 January 2004 the House Price Index for WEST MIDLANDS was 69.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 114.281%.Applying this 114.281% change to the original purchase price of £69,000 results in an estimated price of approximately £147,853.
5 Jan 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
69.3 | 148.6 | 114.281 % | £69,000 | £78,853 | £147,853 |
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 | 48.223 % | £33,274 | £102,274 |
3 Month Average | 130.634 % | £90,137 | £159,137 |
6 Month Average | 139.874 % | £96,513 | £165,513 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £253,757 | £250,000 | 526 REDDITCH ROAD |
29 Aug 2023 | £186,633 | £185,000 | 19 WAGGON WALK |
18 Aug 2023 | £280,454 | £278,000 | 550 REDDITCH ROAD |
23 Feb 2023 | £211,857 | £212,000 | 593 REDDITCH ROAD |
20 Jan 2023 | £253,804 | £255,000 | 483 REDDITCH ROAD |
This house has a floor area of 49 sq meters or 530 sq feet when measured on 29 Nov 2011. Using an estimated price of £147,854 means this house is valued at £2,999 per sq meter (£278 per sq foot).
The average size of a house on NEARHILL ROAD is 81 sq meters (875 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waggon Walk |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Waggon Walk |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Waggon Walk |
Feb 2024 | Other crime | Unable to prosecute suspect | On or near Waggon Walk |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glendene Crescent |