£224,934
This estimated value is based upon the latest sale price for the house of £43,000 on 16 Apr 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £43,000 | 16 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 April 1997 the House Price Index for WEST MIDLANDS was 28.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 423.104%.Applying this 423.104% change to the original purchase price of £43,000 results in an estimated price of approximately £224,934.
| 16 Apr 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 148.6 | 423.104 % | £43,000 | £181,934 | £224,934 |
The Postcode Pricing Model uses changes in average sales price within the B44 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 | 366.016 % | £157,387 | £200,387 |
| 3 Month Average | 366.053 % | £157,402 | £200,402 |
| 6 Month Average | 362.774 % | £155,992 | £198,992 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £162,849 | £160,000 | 53 NORBURY ROAD |
| 3 Nov 2023 | £208,081 | £205,000 | 9 BANDYWOOD CRESCENT |
| 11 Aug 2023 | £186,633 | £185,000 | 12 STANWAY GROVE |
| 17 Mar 2023 | £183,731 | £182,000 | 17 DORMINGTON ROAD |
| 17 Feb 2023 | £199,866 | £200,000 | 62 KETTLEHOUSE ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 5 Jul 2021. Using an estimated price of £224,935 means this house is valued at £2,999 per sq meter (£278 per sq foot).
The average size of a house on BANDYWOOD ROAD is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernhill Grove |
| Feb 2024 | Public order | Under investigation | On or near Fernhill Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernhill Grove |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Kilburn Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blythe Grove |