£134,909
This estimated value is based upon the latest sale price for the house of £110,000 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 22 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 November 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £110,000 results in an estimated price of approximately £134,909.
| 22 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £110,000 | £24,909 | £134,909 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 202.105 % | £222,315 | £332,315 |
| 3 Month Average | 30.915 % | £34,006 | £144,006 |
| 6 Month Average | 36.567 % | £40,223 | £150,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £432,569 | £425,000 | 103 STIRLING ROAD |
| 21 Jun 2023 | £268,249 | £265,000 | 75 WATERWORKS ROAD |
| 27 Mar 2023 | £151,427 | £150,000 | 244A MONUMENT ROAD |
| 3 Oct 2022 | £222,603 | £225,000 | 203 MONUMENT ROAD |
| 9 Sep 2022 | £119,039 | £120,000 | 8 MEYRICK WALK |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 25 Apr 2014. Using an estimated price of £134,909 means this house is valued at £1,390 per sq meter (£129 per sq foot).
The average size of a house on WATERWORKS ROAD is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bellis Street |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Bellis Street |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Bellis Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bellis Street |
| Jan 2024 | Public order | Under investigation | On or near Bellis Street |