£87,147
This estimated value is based upon the latest sale price for the house of £70,500 on 22 May 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£70,500 | 22 May 2019 |
£32,000 | 29 Sep 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 26 sq meters or 279 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 May 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £70,500 results in an estimated price of approximately £87,147.
22 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.614 % | £70,500 | £16,647 | £87,147 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 49.665 % | £35,014 | £105,514 |
3 Month Average | 27.128 % | £19,125 | £89,625 |
6 Month Average | 13.606 % | £9,592 | £80,092 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jul 2023 | £542,299 | £535,000 | 8 HEATHLANDS CRESCENT |
26 Jan 2023 | £353,336 | £355,000 | 32 ANTROBUS ROAD |
15 Jul 2022 | £501,350 | £500,000 | 10 HEATHLANDS CRESCENT |
14 Jun 2022 | £349,945 | £345,000 | 5 COFIELD ROAD |
3 Feb 2022 | £304,121 | £290,000 | 4 COFIELD ROAD |
This house has a floor area of 26 sq meters or 279 sq feet when measured on 21 Feb 2019. Using an estimated price of £87,148 means this house is valued at £3,351 per sq meter (£311 per sq foot).
The average size of a house on COFIELD ROAD is 65 sq meters (702 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Heathlands Crescent | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Heathlands Crescent |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heathlands Crescent |
Feb 2024 | Public order | Under investigation | On or near Heathlands Crescent |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wedmore Road |