£214,606
This estimated value is based upon the latest sale price for the house of £175,000 on 18 Oct 2019. 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 Riley Road
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| Price Paid | Date |
|---|---|
| £175,000 | 18 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 October 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £175,000 results in an estimated price of approximately £214,606.
| 18 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £175,000 | £39,606 | £214,606 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 8.372 % | £14,650 | £189,650 |
| 3 Month Average | 2.643 % | £4,624 | £179,624 |
| 6 Month Average | 12.535 % | £21,936 | £196,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £209,669 | £206,000 | 66 GREENALEIGH ROAD |
| 30 Aug 2023 | £229,508 | £227,500 | 94 GREENALEIGH ROAD |
| 26 Jul 2023 | £203,742 | £201,000 | 35 SANDMERE ROAD |
| 21 Jul 2023 | £186,003 | £183,500 | 93 GREENALEIGH ROAD |
| 10 Mar 2023 | £252,378 | £250,000 | 72 SANDMERE ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 10 May 2019. Using an estimated price of £214,607 means this house is valued at £2,980 per sq meter (£276 per sq foot).
The average size of a house on SANDMERE ROAD is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Riley Road |
| Mar 2024 | Anti-social behaviour | On or near Riley Road | |
| Mar 2024 | Anti-social behaviour | On or near Riley Road | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenaleigh Road |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Greenaleigh Road |