£183,833
This estimated value is based upon the latest sale price for the house of £75,995 on 27 Feb 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £75,995 | 27 Feb 2003 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2003 the House Price Index for WEST MIDLANDS was 60.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 141.902%.Applying this 141.902% change to the original purchase price of £75,995 results in an estimated price of approximately £183,833.
| 27 Feb 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 146.7 | 141.902 % | £75,995 | £107,838 | £183,833 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 188.033 % | £142,895 | £218,890 |
| 3 Month Average | 124.497 % | £94,611 | £170,606 |
| 6 Month Average | 109.837 % | £83,470 | £159,465 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 12 Feb 2020.
The average size of a house on MERE ROAD is 111 sq meters (1,201 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Redbank Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Redbank Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Doidge Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Doidge Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Doidge Road |