£183,063
This estimated value is based upon the latest sale price for the house of £120,000 on 27 Aug 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 27 Aug 2014 |
| £125,000 | 3 Jul 2008 |
| £104,500 | 28 Aug 2003 |
| £104,500 | 28 Aug 2003 |
| £43,000 | 5 Dec 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 August 2014 the House Price Index for WEST MIDLANDS was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £120,000 results in an estimated price of approximately £183,063.
| 27 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £120,000 | £63,063 | £183,063 |
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 | 104.305 % | £125,165 | £245,165 |
| 3 Month Average | 66.065 % | £79,278 | £199,278 |
| 6 Month Average | 65.352 % | £78,422 | £198,422 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £153,486 | £150,000 | 35 FRODESLEY ROAD |
| 5 Sep 2023 | £255,635 | £250,000 | 50 FRODESLEY ROAD |
| 2 Jun 2023 | £211,743 | £207,500 | 10 FRODESLEY ROAD |
| 11 Apr 2023 | £163,045 | £159,995 | 28 CHESTNUTS AVENUE |
| 31 Mar 2023 | £187,125 | £184,000 | 225 SHELDON HEATH ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 26 Nov 2014. Using an estimated price of £183,063 means this house is valued at £1,830 per sq meter (£170 per sq foot).
The average size of a house on FRODESLEY ROAD is 110 sq meters (1,186 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Frodesley Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Frodesley Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frodesley Road |
| Sep 2024 | Other theft | Under investigation | On or near Frodesley Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frodesley Road |