£348,855
This estimated value is based upon the latest sale price for the house of £340,000 on 28 Nov 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £340,000 | 28 Nov 2023 |
| £239,950 | 6 May 2016 |
| £158,000 | 14 Jun 2005 |
| £99,000 | 12 Jan 2001 |
| £79,000 | 11 Dec 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 November 2023 the House Price Index for WEST MIDLANDS was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £340,000 results in an estimated price of approximately £348,855.
| 28 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £340,000 | £8,855 | £348,855 |
The Postcode Pricing Model uses changes in average sales price within the B75 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 | -17.614 % | £-59,889 | £280,110 |
| 3 Month Average | -5.648 % | £-19,204 | £320,795 |
| 6 Month Average | -4.015 % | £-13,651 | £326,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £70,000 | £70,000 | 110 TOWER ROAD |
| 28 Nov 2023 | £348,855 | £340,000 | 102 TOWER ROAD |
| 26 Apr 2023 | £197,698 | £194,000 | 73 GIBBONS ROAD |
| 23 May 2022 | £266,955 | £260,000 | 53 TOWER ROAD |
| 7 Mar 2022 | £349,718 | £335,000 | 47 TOWER ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 20 Jan 2016. Using an estimated price of £348,855 means this house is valued at £4,203 per sq meter (£390 per sq foot).
The average size of a house on TOWER ROAD is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Tower Road | |
| Sep 2024 | Anti-social behaviour | On or near Tower Road | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tower Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilmcote Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilmcote Drive |