£337,142
This estimated value is based upon the latest sale price for the house of £262,000 on 18 May 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £262,000 | 18 May 2017 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2017 the House Price Index for WEST MIDLANDS was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £262,000 results in an estimated price of approximately £337,142.
| 18 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £262,000 | £75,142 | £337,142 |
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 | 63.839 % | £167,259 | £429,259 |
| 3 Month Average | 40.617 % | £106,416 | £368,416 |
| 6 Month Average | 25.700 % | £67,334 | £329,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £422,390 | £415,000 | 117 WESTWOOD ROAD |
| 20 Oct 2022 | £435,808 | £440,500 | 118 WESTWOOD ROAD |
| 17 Aug 2022 | £490,679 | £492,000 | 115 COPPICE VIEW ROAD |
| 12 May 2022 | £372,010 | £365,000 | 14 REAY NADIN DRIVE |
| 13 Apr 2022 | £484,006 | £470,000 | 83 WESTWOOD ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 13 Sep 2016. Using an estimated price of £337,142 means this house is valued at £3,625 per sq meter (£336 per sq foot).
The average size of a house on WESTWOOD ROAD is 109 sq meters (1,180 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Reay Nadin Drive |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Longmore Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Westwood Road |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Westwood Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Westwood Road |