£148,328
This estimated value is based upon the latest sale price for the house of £112,500 on 20 Jun 2016. 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 Binfield Street
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| Price Paid | Date |
|---|---|
| £112,500 | 20 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 June 2016 the House Price Index for WEST MIDLANDS was 111.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.847%.Applying this 31.847% change to the original purchase price of £112,500 results in an estimated price of approximately £148,328.
| 20 Jun 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 146.7 | 31.847 % | £112,500 | £35,828 | £148,328 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 37.356 % | £42,025 | £154,525 |
| 3 Month Average | 5.617 % | £6,319 | £118,819 |
| 6 Month Average | 32.057 % | £36,064 | £148,564 |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 14 Jan 2016.
The average size of a house on VICTORIA ROAD is 119 sq meters (1,284 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Binfield Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Binfield Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Binfield Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Binfield Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Binfield Street |