£221,436
This estimated value is based upon the latest sale price for the house of £182,500 on 13 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Burfield Road
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| Price Paid | Date |
|---|---|
| £182,500 | 13 Mar 2020 |
| Terraced |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £182,500 results in an estimated price of approximately £221,436.
| 13 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £182,500 | £38,936 | £221,436 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 11.301 % | £20,624 | £203,124 |
| 3 Month Average | 15.036 % | £27,440 | £209,940 |
| 6 Month Average | 17.068 % | £31,149 | £213,649 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £319,915 | £315,000 | 50 CHAPELHOUSE LANE |
| 28 Nov 2023 | £124,664 | £121,500 | 150A PARK ROAD |
| 3 Nov 2023 | £217,522 | £212,000 | 14 WEST ROAD |
| 30 Oct 2023 | £225,113 | £220,000 | 46 WEST ROAD |
| 18 Sep 2023 | £322,100 | £315,000 | 139 PARK ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 5 Nov 2018. Using an estimated price of £221,437 means this house is valued at £3,406 per sq meter (£316 per sq foot).
The average size of a house on BURFIELD ROAD is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Burfield Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burfield Road |
| Sep 2024 | Public order | Under investigation | On or near Lulworth Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Chapelhouse Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Chapelhouse Lane |