£307,907
This estimated value is based upon the latest sale price for the house of £130,000 on 19 May 2003. 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 Rowood Drive
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| Price Paid | Date |
|---|---|
| £130,000 | 19 May 2003 |
| £79,500 | 1 Nov 1999 |
| Terraced |
| 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 May 2003 the House Price Index for WEST MIDLANDS was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £130,000 results in an estimated price of approximately £307,907.
| 19 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 148.6 | 136.852 % | £130,000 | £177,907 | £307,907 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 112.786 % | £146,621 | £276,621 |
| 3 Month Average | 92.997 % | £120,895 | £250,895 |
| 6 Month Average | 103.773 % | £134,904 | £264,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £334,859 | £329,000 | 28 WHEELEY ROAD |
| 29 Jun 2023 | £272,298 | £269,000 | 194 ROWOOD DRIVE |
| 13 Mar 2023 | £164,046 | £162,500 | 146 ROWOOD DRIVE |
| 3 Feb 2023 | £309,792 | £310,000 | 2 LINGHAM CLOSE |
| 5 Jan 2023 | £156,264 | £157,000 | 154 ROWOOD DRIVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 25 Nov 2016. Using an estimated price of £307,907 means this house is valued at £4,276 per sq meter (£397 per sq foot).
The average size of a house on ROWOOD DRIVE is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Rowood Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowood Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowood Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lingham Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lingham Close |