£269,888
This estimated value is based upon the latest sale price for the house of £187,500 on 15 Jul 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Milcote Road
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| Price Paid | Date |
|---|---|
| £187,500 | 15 Jul 2015 |
| £132,000 | 2 Mar 2012 |
| £59,950 | 20 Jun 1997 |
| Flats/Maisonettes |
| Leasehold |
| 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 July 2015 the House Price Index for WEST MIDLANDS was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £187,500 results in an estimated price of approximately £269,888.
| 15 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £187,500 | £82,388 | £269,888 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 28.953 % | £54,287 | £241,787 |
| 3 Month Average | -10.787 % | £-20,225 | £167,274 |
| 6 Month Average | 1.704 % | £3,195 | £190,695 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £532,889 | £525,000 | 35 MILCOTE ROAD |
| 1 Aug 2023 | £190,164 | £188,500 | 56 MILCOTE ROAD |
| 6 May 2022 | £336,337 | £330,000 | 9 THE EXCHANGE APARTMENTS, 20A POPLAR ROAD |
| 24 Jan 2022 | £236,792 | £225,000 | 60 MILCOTE ROAD |
| 14 Sep 2021 | £223,062 | £207,000 | 106 MILCOTE ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 8 Jun 2021. Using an estimated price of £269,889 means this house is valued at £3,748 per sq meter (£348 per sq foot).
The average size of a house on MILCOTE ROAD is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Milcote Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Milcote Road |
| Mar 2024 | Burglary | Under investigation | On or near Milcote Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Milcote Road |
| Feb 2024 | Anti-social behaviour | On or near Milcote Road |