£301,020
This estimated value is based upon the latest sale price for the house of £260,000 on 30 Jul 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £260,000 | 30 Jul 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 July 2021 the House Price Index for WEST MIDLANDS was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £260,000 results in an estimated price of approximately £301,020.
| 30 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £260,000 | £41,020 | £301,020 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 165.115 % | £429,300 | £689,300 |
| 3 Month Average | -7.706 % | £-20,035 | £239,964 |
| 6 Month Average | 3.874 % | £10,072 | £270,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 May 2024 | £220,000 | £220,000 | 36 BLACKTHORNE ROAD |
| 19 Apr 2024 | £353,066 | £350,000 | 18 BELL LANE |
| 2 Apr 2024 | £242,102 | £240,000 | 46 BLACKTHORNE ROAD |
| 29 Sep 2023 | £409,016 | £400,000 | 34 ROWAN ROAD |
| 30 Jun 2023 | £265,317 | £260,000 | 457 WEST BROMWICH ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 12 Jul 2021. Using an estimated price of £301,021 means this house is valued at £2,980 per sq meter (£276 per sq foot).
The average size of a house on ROWAN ROAD is 130 sq meters (1,402 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Rowan Road | |
| Jul 2024 | Anti-social behaviour | On or near Rowan Road | |
| Jun 2024 | Anti-social behaviour | On or near Rowan Road | |
| Jun 2024 | Anti-social behaviour | On or near Rowan Road | |
| Jun 2024 | Anti-social behaviour | On or near Rowan Road |