£431,567
This estimated value is based upon the latest sale price for the house of £272,000 on 15 Jun 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£272,000 | 15 Jun 2007 |
£95,000 | 25 Apr 1997 |
Detached |
Freehold |
Floor Area: 105 sq meters or 1,130 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 2007 the House Price Index for WEST MIDLANDS was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £272,000 results in an estimated price of approximately £431,567.
15 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 148.6 | 58.665 % | £272,000 | £159,567 | £431,567 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | 38.341 % | £104,287 | £376,287 |
3 Month Average | 30.740 % | £83,614 | £355,614 |
6 Month Average | 40.487 % | £110,124 | £382,124 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2022 | £439,674 | £445,000 | 222 CLARENCE ROAD |
29 Oct 2021 | £477,999 | £432,000 | 27 SANDHURST ROAD |
9 Dec 2020 | £367,268 | £320,000 | 21 SANDHURST ROAD |
25 Nov 2020 | £403,455 | £348,000 | 22 KENSINGTON DRIVE |
2 Nov 2020 | £372,153 | £321,000 | 12 BALMORAL ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 16 Oct 2015. Using an estimated price of £431,568 means this house is valued at £4,110 per sq meter (£381 per sq foot).
The average size of a house on WEYMOUTH DRIVE is 119 sq meters (1,282 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Unable to prosecute suspect | On or near Chelsea Drive |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Chelsea Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chelsea Drive |
Mar 2024 | Anti-social behaviour | On or near Chelsea Drive | |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Badgers Bank Road |