£230,730
This estimated value is based upon the latest sale price for the house of £187,500 on 19 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£187,500 | 19 Aug 2019 |
£187,500 | 19 Aug 2019 |
Semi-Detached |
Leasehold |
Floor Area: 74 sq meters or 796 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 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £187,500 results in an estimated price of approximately £230,730.
19 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.6 | 23.056 % | £187,500 | £43,230 | £230,730 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | -13.762 % | £-25,803 | £161,696 |
3 Month Average | 19.362 % | £36,304 | £223,804 |
6 Month Average | 13.035 % | £24,441 | £211,941 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £300,000 | £300,000 | 86 BODENHAM ROAD |
5 Dec 2023 | £286,169 | £281,162 | 88 CHELSTON ROAD |
1 Dec 2023 | £251,399 | £247,000 | 188 HANGING LANE |
10 Nov 2023 | £253,757 | £250,000 | 89 BODENHAM ROAD |
9 Jun 2023 | £192,330 | £190,000 | 175 HANGING LANE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 18 Jan 2014. Using an estimated price of £230,731 means this house is valued at £3,117 per sq meter (£289 per sq foot).
The average size of a house on BODENHAM ROAD is 113 sq meters (1,226 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Torre Avenue |
Jan 2024 | Vehicle crime | Under investigation | On or near Torre Avenue |
Mar 2024 | Anti-social behaviour | On or near Bodenham Road | |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Bodenham Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Dockar Road |