£188,090
This estimated value is based upon the latest sale price for the house of £139,250 on 29 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £139,250 | 29 Mar 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £139,250 results in an estimated price of approximately £188,090.
| 29 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £139,250 | £48,840 | £188,090 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 87.698 % | £122,119 | £261,369 |
| 3 Month Average | 37.197 % | £51,797 | £191,047 |
| 6 Month Average | 31.099 % | £43,304 | £182,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £325,699 | £320,000 | 76 THE GREENWAY |
| 28 Sep 2023 | £177,267 | £175,000 | 66 BENDALL ROAD |
| 21 Jul 2023 | £243,274 | £240,000 | 52 WELSHMANS HILL |
| 19 Jul 2023 | £349,707 | £345,000 | 5 GREENWAY DRIVE |
| 20 Jun 2023 | £369,475 | £365,000 | 70 THE GREENWAY |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 22 Apr 2015. Using an estimated price of £188,090 means this house is valued at £2,266 per sq meter (£210 per sq foot).
The average size of a house on WELSHMANS HILL is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welshmans Hill |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welshmans Hill |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welshmans Hill |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welshmans Hill |
| Mar 2024 | Vehicle crime | Under investigation | On or near Welshmans Hill |