£711,179
This estimated value is based upon the latest sale price for the house of £577,000 on 12 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £577,000 | 12 Feb 2020 |
| £360,000 | 2 Aug 2013 |
| £129,450 | 14 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 160 sq meters or 1,722 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 February 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £577,000 results in an estimated price of approximately £711,179.
| 12 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £577,000 | £134,179 | £711,179 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | -22.577 % | £-130,269 | £446,730 |
| 3 Month Average | -8.078 % | £-46,607 | £530,392 |
| 6 Month Average | 9.104 % | £52,532 | £629,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £419,528 | £410,000 | 11 WALTER COBB DRIVE |
| 23 Oct 2023 | £717,291 | £701,000 | 27 SILVERMEAD ROAD |
| 21 Aug 2023 | £478,633 | £470,000 | 19 WALTER COBB DRIVE |
| 30 Jun 2023 | £510,225 | £500,000 | 32 SILVERMEAD ROAD |
| 24 Apr 2023 | £326,099 | £320,000 | 54 WESTERN ROAD |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 27 Feb 2019. Using an estimated price of £711,179 means this house is valued at £4,444 per sq meter (£412 per sq foot).
The average size of a house on SILVERMEAD ROAD is 144 sq meters (1,556 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Walter Cobb Drive |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Walter Cobb Drive |
| Jul 2024 | Vehicle crime | Under investigation | On or near Western Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Western Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Eastern Road |