£261,895
This estimated value is based upon the latest sale price for the house of £212,000 on 18 Jan 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£212,000 | 18 Jan 2019 |
£197,000 | 16 Dec 2016 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 January 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £212,000 results in an estimated price of approximately £261,895.
18 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.536 % | £212,000 | £49,895 | £261,895 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 10.010 % | £21,220 | £233,220 |
3 Month Average | 18.630 % | £39,495 | £251,495 |
6 Month Average | 15.216 % | £32,257 | £244,257 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £232,979 | £230,000 | 23 BAYFORD AVENUE |
23 Jun 2023 | £258,127 | £255,000 | 82 RECTORY PARK ROAD |
20 Feb 2023 | £274,815 | £275,000 | 36 FOREST HILL ROAD |
31 Oct 2022 | £145,434 | £147,000 | 114 RECTORY PARK ROAD |
27 Jun 2022 | £223,154 | £220,000 | 35 COALWAY AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 19 Feb 2015. Using an estimated price of £261,895 means this house is valued at £3,741 per sq meter (£347 per sq foot).
The average size of a house on RECTORY PARK ROAD is 81 sq meters (872 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Rectory Park Road |
Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Rectory Park Road |
Mar 2024 | Other theft | Under investigation | On or near Bayford Avenue |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Forest Hill Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Trysull Avenue |