£311,654
This estimated value is based upon the latest sale price for the house of £295,000 on 8 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £295,000 | 8 Feb 2022 |
| £295,000 | 8 Feb 2022 |
| £175,000 | 16 Apr 2012 |
| £132,500 | 28 Jun 2001 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 February 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £295,000 results in an estimated price of approximately £311,654.
| 8 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £295,000 | £16,654 | £311,654 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 57.384 % | £169,284 | £464,284 |
| 3 Month Average | 2.777 % | £8,191 | £303,191 |
| 6 Month Average | 4.626 % | £13,646 | £308,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £172,653 | £170,000 | 74 COPPICE ROAD |
| 27 Oct 2023 | £429,761 | £420,000 | 3 HADEN PARK ROAD |
| 17 Aug 2023 | £412,439 | £405,000 | 9 HADEN PARK ROAD |
| 5 Oct 2022 | £311,460 | £312,500 | 19 TIMBERTREE ROAD |
| 24 Jun 2022 | £372,973 | £365,000 | 63 HADEN PARK ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 3 Sep 2021. Using an estimated price of £311,655 means this house is valued at £4,328 per sq meter (£402 per sq foot).
The average size of a house on THE RETREAT is 69 sq meters (744 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Retreat |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallace Rise |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Barrs Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barrs Road |
| May 2024 | Anti-social behaviour | On or near Barrs Road |