£436,888
This estimated value is based upon the latest sale price for the house of £350,000 on 3 Apr 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £350,000 | 3 Apr 2018 |
| £98,500 | 19 Jan 1996 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 April 2018 the House Price Index for WEST MIDLANDS was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £350,000 results in an estimated price of approximately £436,888.
| 3 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £350,000 | £86,888 | £436,888 |
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 | -10.222 % | £-35,777 | £314,222 |
| 3 Month Average | 10.485 % | £36,697 | £386,697 |
| 6 Month Average | 21.548 % | £75,419 | £425,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £420,375 | £415,000 | 47 MANOR ROAD |
| 10 Aug 2023 | £746,531 | £740,000 | 5 DANEWAYS CLOSE |
| 28 Jul 2023 | £516,958 | £510,000 | 2 HAWTHORN ROAD |
| 24 Feb 2023 | £429,711 | £430,000 | 33 MIDDLETON ROAD |
| 30 Sep 2022 | £495,995 | £500,000 | 45 MANOR ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 11 Sep 2017. Using an estimated price of £436,888 means this house is valued at £4,550 per sq meter (£422 per sq foot).
There is one other house on the street which we know the size of, this is 7 ICKNIELD CLOSE it is 120.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Thorney Road | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Foley Road East |
| Feb 2024 | Vehicle crime | Under investigation | On or near Foley Road East |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Queensway |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Queensway |