£179,545
This estimated value is based upon the latest sale price for the house of £105,000 on 16 Apr 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £105,000 | 16 Apr 2010 |
| £20,000 | 23 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2010 the House Price Index for WEST MIDLANDS was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.996%.Applying this 70.996% change to the original purchase price of £105,000 results in an estimated price of approximately £179,545.
| 16 Apr 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 70.996 % | £105,000 | £74,545 | £179,545 |
The Postcode Pricing Model uses changes in average sales price within the B12 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 | 23.890 % | £25,084 | £130,084 |
| 3 Month Average | 42.034 % | £44,136 | £149,136 |
| 6 Month Average | 63.187 % | £66,345 | £171,345 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2023 | £114,591 | £112,295 | 255 STONEY LANE |
| 17 Jun 2022 | £189,041 | £185,000 | 15 ETON ROAD |
| 3 Jul 2020 | £172,978 | £142,000 | 11 ERNEST ROAD |
| 29 Jun 2020 | £165,917 | £136,000 | 18 ETON ROAD |
| 19 Jun 2020 | £182,997 | £150,000 | 2 ETON ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 22 May 2014. Using an estimated price of £179,546 means this house is valued at £2,895 per sq meter (£269 per sq foot).
The average size of a house on ERNEST ROAD is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ernest Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ernest Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ernest Road |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Ernest Road |
| Oct 2024 | Theft from the person | Unable to prosecute suspect | On or near Ernest Road |