£182,144
This estimated value is based upon the latest sale price for the house of £185,000 on 31 Aug 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Murcroft Road
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| Price Paid | Date |
|---|---|
| £185,000 | 31 Aug 2022 |
| £97,500 | 31 Jul 2015 |
| £102,500 | 25 Apr 2006 |
| £93,000 | 27 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 August 2022 the House Price Index for WEST MIDLANDS was 149.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.544%.Applying this -1.544% change to the original purchase price of £185,000 results in an estimated price of approximately £182,144.
| 31 Aug 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 146.7 | -1.544 % | £185,000 | £-2,855 | £182,144 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | -15.619 % | £-28,895 | £156,104 |
| 3 Month Average | -21.147 % | £-39,121 | £145,878 |
| 6 Month Average | -2.696 % | £-4,987 | £180,012 |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 30 Sep 2014.
The average size of a house on MURCROFT ROAD is 84 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Murcroft Road |
| Mar 2024 | Burglary | Under investigation | On or near Murcroft Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Murcroft Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Murcroft Road |
| Feb 2024 | Criminal damage and arson | Local resolution | On or near Murcroft Road |