£185,192
This estimated value is based upon the latest sale price for the house of £110,000 on 16 May 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 16 May 2012 |
| £45,500 | 16 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2012 the House Price Index for WEST MIDLANDS was 87.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.357%.Applying this 68.357% change to the original purchase price of £110,000 results in an estimated price of approximately £185,192.
| 16 May 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 146.7 | 68.357 % | £110,000 | £75,192 | £185,192 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | 77.784 % | £85,562 | £195,562 |
| 3 Month Average | 56.125 % | £61,737 | £171,737 |
| 6 Month Average | 80.881 % | £88,968 | £198,968 |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 14 Sep 2013.
The average size of a house on SPRINGFIELD ROAD is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Springfield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Road |
| Dec 2023 | Possession of weapons | Awaiting court outcome | On or near Springfield Road |
| Dec 2023 | Drugs | Awaiting court outcome | On or near Springfield Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Matty Road |