£292,442
This estimated value is based upon the latest sale price for the house of £210,000 on 11 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £210,000 | 11 Nov 2015 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 November 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £210,000 results in an estimated price of approximately £292,442.
| 11 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £210,000 | £82,442 | £292,442 |
The Postcode Pricing Model uses changes in average sales price within the B29 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 | 39.374 % | £82,685 | £292,685 |
| 3 Month Average | 36.116 % | £75,844 | £285,844 |
| 6 Month Average | 49.297 % | £103,523 | £313,523 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £426,312 | £420,000 | 122 HUBERT ROAD |
| 17 Feb 2023 | £394,734 | £395,000 | 68 HEELEY ROAD |
| 11 Jan 2023 | £423,007 | £425,000 | 159A HEELEY ROAD |
| 11 Jan 2023 | £423,007 | £425,000 | 159 HEELEY ROAD |
| 16 Sep 2022 | £654,713 | £660,000 | 126 HEELEY ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 5 Mar 2018. Using an estimated price of £292,443 means this house is valued at £2,377 per sq meter (£220 per sq foot).
The average size of a house on HEELEY ROAD is 101 sq meters (1,092 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heeley Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heeley Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Heeley Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ewhurst Avenue |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Ewhurst Avenue |