£295,928
This estimated value is based upon the latest sale price for the house of £218,492 on 4 Apr 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£218,492 | 4 Apr 2016 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 2016 the House Price Index for WEST MIDLANDS was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £218,492 results in an estimated price of approximately £295,928.
4 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 148.6 | 35.442 % | £218,492 | £77,436 | £295,928 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 13.178 % | £28,792 | £247,284 |
3 Month Average | 16.396 % | £35,823 | £254,315 |
6 Month Average | 26.427 % | £57,741 | £276,233 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £393,442 | £390,000 | 15 DRAYTON ROAD |
17 Apr 2023 | £255,754 | £253,000 | 72 ADDISON ROAD |
20 Mar 2023 | £141,332 | £140,000 | 36 ADDISON ROAD |
29 Mar 2022 | £362,692 | £350,000 | 55 ADDISON ROAD |
28 Mar 2022 | £301,552 | £291,000 | 34 ADDISON ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 21 Oct 2015. Using an estimated price of £295,929 means this house is valued at £3,522 per sq meter (£327 per sq foot).
The average size of a house on DRAYTON ROAD is 134 sq meters (1,446 sq feet).
This house is the smallest in the street with a floor area of 84 sq meters (904 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Drayton Road |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Drayton Road |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Drayton Road |