£292,100
This estimated value is based upon the latest sale price for the house of £230,000 on 3 Nov 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £230,000 | 3 Nov 2017 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2017 the House Price Index for WEST MIDLANDS was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £230,000 results in an estimated price of approximately £292,100.
| 3 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £230,000 | £62,100 | £292,100 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 37.292 % | £85,770 | £315,770 |
| 3 Month Average | 34.257 % | £78,790 | £308,790 |
| 6 Month Average | 32.798 % | £75,434 | £305,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Oct 2022 | £264,118 | £265,000 | 14 RAGLEY DRIVE |
| 12 Aug 2022 | £331,550 | £330,000 | 188 CHURCH ROAD |
| 20 Jul 2022 | £230,308 | £228,000 | 79 FALLINDALE ROAD |
| 11 Mar 2022 | £375,816 | £360,000 | 1 RAGLEY DRIVE |
| 4 Feb 2022 | £153,186 | £145,000 | 40 ROMFORD CLOSE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 26 Apr 2017. Using an estimated price of £292,100 means this house is valued at £3,282 per sq meter (£304 per sq foot).
There is one other house on the street which we know the size of, this is 4 THE SMITHY it is 93.72
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Church Road | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fallindale Road |
| Jul 2024 | Public order | Under investigation | On or near Fallindale Road |
| May 2024 | Theft from the person | Unable to prosecute suspect | On or near Fallindale Road |