£313,183
This estimated value is based upon the latest sale price for the house of £259,000 on 7 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £259,000 | 7 Jul 2020 |
| £255,000 | 31 Mar 2020 |
| £180,000 | 25 Jun 2013 |
| £178,000 | 28 Jan 2011 |
| 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 July 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £259,000 results in an estimated price of approximately £313,183.
| 7 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £259,000 | £54,183 | £313,183 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | -59.380 % | £-153,794 | £105,205 |
| 3 Month Average | -5.989 % | £-15,512 | £243,487 |
| 6 Month Average | 18.512 % | £47,946 | £306,946 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £370,743 | £367,500 | 1 LANESIDE AVENUE |
| 30 Jun 2023 | £303,678 | £300,000 | 25 HUNDRED ACRE ROAD |
| 2 Feb 2023 | £363,555 | £363,800 | 12 BANKSIDE CRESCENT |
| 31 May 2022 | £323,750 | £317,650 | 51 FOREST CLOSE |
| 30 Mar 2022 | £300,516 | £290,000 | 9 FOREST CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 17 Jan 2020. Using an estimated price of £313,183 means this house is valued at £3,773 per sq meter (£350 per sq foot).
The average size of a house on HUNDRED ACRE ROAD is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forest Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Amble Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Amble Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Compton Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Range |