£391,861
This estimated value is based upon the latest sale price for the house of £338,000 on 25 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£338,000 | 25 Nov 2020 |
£250,000 | 25 Jul 2008 |
Detached |
Freehold |
Floor Area: 120 sq meters or 1,291 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 2020 the House Price Index for WEST MIDLANDS was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £338,000 results in an estimated price of approximately £391,861.
25 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £338,000 | £53,861 | £391,861 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | -28.951 % | £-97,854 | £240,145 |
3 Month Average | -6.910 % | £-23,355 | £314,644 |
6 Month Average | 0.583 % | £1,969 | £339,969 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £420,375 | £415,000 | 47 MANOR ROAD |
10 Aug 2023 | £746,531 | £740,000 | 5 DANEWAYS CLOSE |
28 Jul 2023 | £516,958 | £510,000 | 2 HAWTHORN ROAD |
24 Feb 2023 | £429,711 | £430,000 | 33 MIDDLETON ROAD |
30 Sep 2022 | £495,995 | £500,000 | 45 MANOR ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 13 Jun 2019. Using an estimated price of £391,862 means this house is valued at £3,265 per sq meter (£303 per sq foot).
There is one other house on the street which we know the size of, this is 9 ICKNIELD CLOSE it is 96.0
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Thorney Road | |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Foley Road East |
Feb 2024 | Vehicle crime | Under investigation | On or near Foley Road East |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Queensway |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Queensway |