£463,012
This estimated value is based upon the latest sale price for the house of £221,500 on 26 Mar 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Petersfield Road
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| Price Paid | Date |
|---|---|
| £221,500 | 26 Mar 2004 |
| £99,500 | 10 Dec 1997 |
| Detached |
| Freehold |
| Floor Area: 204 sq meters or 2,195 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 2004 the House Price Index for WEST MIDLANDS was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £221,500 results in an estimated price of approximately £463,012.
| 26 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.6 | 109.035 % | £221,500 | £241,512 | £463,012 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | -4.939 % | £-10,940 | £210,559 |
| 3 Month Average | 51.265 % | £113,552 | £335,052 |
| 6 Month Average | 80.444 % | £178,183 | £399,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £255,233 | £253,000 | 9 KENDRICK GROVE |
| 17 Jul 2023 | £385,184 | £380,000 | 44 CAMBRAI DRIVE |
| 16 Feb 2023 | £555,626 | £556,000 | 4 PETERSFIELD ROAD |
| 7 Nov 2022 | £415,961 | £421,000 | 29 PETERSFIELD ROAD |
| 23 May 2022 | £285,377 | £280,000 | 25 KENDRICK GROVE |
This house has a floor area of 204 sq meters or 2,195 sq feet when measured on 6 Jun 2014. Using an estimated price of £463,012 means this house is valued at £2,269 per sq meter (£210 per sq foot).
The average size of a house on PETERSFIELD ROAD is 108 sq meters (1,162 sq feet).
This house is the largest in the street with a floor area of 204 sq meters (2,195 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petersfield Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petersfield Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petersfield Road |
| Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Petersfield Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Petersfield Road |