£281,665
This estimated value is based upon the latest sale price for the house of £210,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £210,000 | 26 Aug 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £210,000 results in an estimated price of approximately £281,665.
| 26 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £210,000 | £71,665 | £281,665 |
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 | 51.338 % | £107,808 | £317,808 |
| 3 Month Average | 43.401 % | £91,142 | £301,142 |
| 6 Month Average | 43.649 % | £91,663 | £301,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £249,000 | £249,000 | 29 HOMECROFT ROAD |
| 25 Mar 2024 | £294,525 | £290,000 | 28 HOMECROFT ROAD |
| 4 Oct 2023 | £271,159 | £265,000 | 14 CROFT ROAD |
| 24 Feb 2023 | £246,648 | £245,000 | 8 LODGE DRIVE |
| 27 Jan 2023 | £287,769 | £287,000 | 5 HOMECROFT ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 3 Apr 2016. Using an estimated price of £281,665 means this house is valued at £2,584 per sq meter (£240 per sq foot).
The average size of a house on CROFT ROAD is 98 sq meters (1,063 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodge Drive |
| Jun 2024 | Robbery | Unable to prosecute suspect | On or near Lodge Drive |
| Jun 2024 | Anti-social behaviour | On or near Lodge Drive | |
| Jun 2024 | Anti-social behaviour | On or near Lodge Drive | |
| May 2024 | Anti-social behaviour | On or near Lodge Drive |