£277,259
This estimated value is based upon the latest sale price for the house of £225,000 on 30 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 30 Nov 2018 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £225,000 results in an estimated price of approximately £277,259.
| 30 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £225,000 | £52,259 | £277,259 |
The Postcode Pricing Model uses changes in average sales price within the B43 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 | 2.270 % | £5,107 | £230,107 |
| 3 Month Average | 13.295 % | £29,912 | £254,912 |
| 6 Month Average | 19.011 % | £42,775 | £267,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Oct 2022 | £262,672 | £265,500 | 17 PEAK HOUSE ROAD |
| 1 Feb 2022 | £226,518 | £216,000 | 19 WILDERNESS LANE |
| 7 Jan 2022 | £295,727 | £281,000 | 47 PEAK HOUSE ROAD |
| 19 Nov 2021 | £310,935 | £287,500 | 22 GLENEAGLES DRIVE |
| 29 Oct 2021 | £181,462 | £164,000 | 29 WILDERNESS LANE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 10 Apr 2018. Using an estimated price of £277,260 means this house is valued at £2,829 per sq meter (£262 per sq foot).
The average size of a house on GLENEAGLES DRIVE is 111 sq meters (1,202 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Peak House Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Peak House Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Peak House Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Ravenhurst Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravenhurst Drive |