£384,387
This estimated value is based upon the latest sale price for the house of £245,000 on 17 Aug 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £245,000 | 17 Aug 2007 |
| £125,500 | 1 Apr 1999 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 August 2007 the House Price Index for WEST MIDLANDS was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £245,000 results in an estimated price of approximately £384,387.
| 17 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £245,000 | £139,387 | £384,387 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 24.889 % | £60,977 | £305,977 |
| 3 Month Average | 32.749 % | £80,235 | £325,235 |
| 6 Month Average | 54.000 % | £132,300 | £377,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £384,732 | £378,000 | 47 WOODTHORPE ROAD |
| 28 Feb 2023 | £309,792 | £310,000 | 16 APPIAN CLOSE |
| 28 Jul 2022 | £293,791 | £293,000 | 41 APPIAN CLOSE |
| 16 Mar 2022 | £145,025 | £139,950 | 47 BROOKLANDS DRIVE |
| 14 Jan 2022 | £310,460 | £295,000 | 43 APPIAN CLOSE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 30 Sep 2013. Using an estimated price of £384,388 means this house is valued at £3,401 per sq meter (£316 per sq foot).
The average size of a house on WOODTHORPE ROAD is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Appian Close |
| Apr 2024 | Other theft | Under investigation | On or near Appian Close |
| Mar 2024 | Anti-social behaviour | On or near Appian Close | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Appian Close |
| Mar 2024 | Anti-social behaviour | On or near Appian Close |