£292,673
This estimated value is based upon the latest sale price for the house of £237,500 on 12 Oct 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Johnsons Grove
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| Price Paid | Date |
|---|---|
| £237,500 | 12 Oct 2018 |
| £149,995 | 30 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 October 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 23.231%.Applying this 23.231% change to the original purchase price of £237,500 results in an estimated price of approximately £292,673.
| 12 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £237,500 | £55,173 | £292,673 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | 8.267 % | £19,634 | £257,134 |
| 3 Month Average | 24.815 % | £58,935 | £296,435 |
| 6 Month Average | 26.634 % | £63,255 | £300,755 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £254,452 | £250,000 | 2 CASTLE ROAD WEST |
| 17 Apr 2023 | £217,340 | £215,000 | 4 JOHNSONS GROVE |
| 10 Mar 2023 | £287,711 | £285,000 | 49 CASTLE ROAD WEST |
| 22 Jul 2022 | £258,696 | £258,000 | 153 WOLVERHAMPTON ROAD |
| 1 Jul 2022 | £240,598 | £239,950 | 151 BIRCH ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 20 Jul 2018. Using an estimated price of £292,673 means this house is valued at £3,613 per sq meter (£335 per sq foot).
The average size of a house on CASTLE ROAD WEST is 97 sq meters (1,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Johnsons Grove |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Birch Grove |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Birch Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birch Grove |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albert Road |