£385,976
This estimated value is based upon the latest sale price for the house of £309,950 on 7 May 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £309,950 | 7 May 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £309,950 results in an estimated price of approximately £385,976.
| 7 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £309,950 | £76,026 | £385,976 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 28.313 % | £87,754 | £397,704 |
| 3 Month Average | 28.982 % | £89,829 | £399,779 |
| 6 Month Average | 22.448 % | £69,576 | £379,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £179,558 | £175,000 | 5 NORMAN ROAD |
| 27 Oct 2023 | £206,694 | £202,000 | 51 RATHBONE ROAD |
| 25 Apr 2023 | £155,916 | £153,000 | 78 RATHBONE ROAD |
| 20 Mar 2023 | £289,840 | £285,000 | 46 RATHBONE ROAD |
| 1 Jul 2022 | £191,923 | £190,000 | 12 LINCOLN ROAD |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 21 Jan 2019. Using an estimated price of £385,977 means this house is valued at £2,643 per sq meter (£245 per sq foot).
The average size of a house on RATHBONE ROAD is 104 sq meters (1,122 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lincoln Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Rathbone Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rathbone Road |
| Sep 2024 | Anti-social behaviour | On or near Rathbone Road | |
| Sep 2024 | Anti-social behaviour | On or near Rathbone Road |