£1,029,818
This estimated value is based upon the latest sale price for the house of £605,000 on 3 Jul 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £605,000 | 3 Jul 2012 |
| £270,000 | 6 Feb 1996 |
| Detached |
| Freehold |
| Floor Area: 218 sq meters or 2,356 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 2012 the House Price Index for WEST MIDLANDS was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £605,000 results in an estimated price of approximately £1,029,818.
| 3 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £605,000 | £424,818 | £1,029,818 |
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 | 46.501 % | £281,328 | £886,328 |
| 3 Month Average | 11.716 % | £70,881 | £675,881 |
| 6 Month Average | 23.091 % | £139,702 | £744,702 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £1,191,030 | £1,175,000 | 1133 WARWICK ROAD |
| 28 Jun 2023 | £3,037 | £3,000 | 29 OLDWAY DRIVE |
| 13 Jul 2022 | £330,891 | £330,000 | 70 RIVERSIDE DRIVE |
| 22 Oct 2021 | £442,591 | £400,000 | 28 LADY BYRON LANE |
| 12 Mar 2021 | £894,661 | £803,750 | 35 OLDWAY DRIVE |
This house has a floor area of 218 sq meters or 2,356 sq feet when measured on 22 Dec 2008. Using an estimated price of £1,029,818 means this house is valued at £4,704 per sq meter (£437 per sq foot).
The average size of a house on WARWICK ROAD is 150 sq meters (1,620 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Gentleshaw Lane | |
| Jan 2024 | Anti-social behaviour | On or near Gentleshaw Lane | |
| Jan 2024 | Anti-social behaviour | On or near Gentleshaw Lane | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gentleshaw Lane |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Blythewood Close |