£175,467
This estimated value is based upon the latest sale price for the house of £106,000 on 20 Dec 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £106,000 | 20 Dec 2006 |
| £75,000 | 5 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,063 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 December 2006 the House Price Index for WEST MIDLANDS was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £106,000 results in an estimated price of approximately £175,467.
| 20 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £106,000 | £69,467 | £175,467 |
The Postcode Pricing Model uses changes in average sales price within the B8 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 | 26.063 % | £27,626 | £133,626 |
| 3 Month Average | 32.848 % | £34,819 | £140,819 |
| 6 Month Average | 9.876 % | £10,468 | £116,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2023 | £121,637 | £120,000 | 66 ASQUITH ROAD |
| 28 Feb 2023 | £44,720 | £44,750 | 26 ASQUITH ROAD |
| 23 Jan 2023 | £206,029 | £207,000 | 147 ST MARGARETS ROAD |
| 13 Jan 2023 | £149,297 | £150,000 | 36 ASQUITH ROAD |
| 28 Oct 2022 | £277,017 | £280,000 | 48 ASQUITH ROAD |
This house has a floor area of 98 sq meters or 1,063 sq feet when measured on 6 Aug 2009. Using an estimated price of £175,468 means this house is valued at £1,775 per sq meter (£164 per sq foot).
The average size of a house on ASQUITH ROAD is 93 sq meters (1,003 sq feet).