£372,488
This estimated value is based upon the latest sale price for the house of £370,000 on 27 Feb 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £370,000 | 27 Feb 2023 |
| £129,000 | 8 Oct 1999 |
| £96,500 | 15 Sep 1995 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2023 the House Price Index for WEST MIDLANDS was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £370,000 results in an estimated price of approximately £372,488.
| 27 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £370,000 | £2,488 | £372,488 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | -19.929 % | £-73,736 | £296,263 |
| 3 Month Average | -22.475 % | £-83,157 | £286,842 |
| 6 Month Average | -12.774 % | £-47,263 | £322,736 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £288,877 | £280,000 | 43 SWALE ROAD |
| 27 Feb 2023 | £372,488 | £370,000 | 12 SWALE ROAD |
| 30 Mar 2022 | £417,573 | £400,000 | 34 SWALE ROAD |
| 7 Mar 2022 | £370,596 | £355,000 | 25 SWALE ROAD |
| 6 Aug 2021 | £245,004 | £218,000 | 47 SWALE ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 26 Mar 2015. Using an estimated price of £372,488 means this house is valued at £4,382 per sq meter (£407 per sq foot).
The average size of a house on SWALE ROAD is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Witham Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cover Croft |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chater Drive |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Weaver Avenue |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Weaver Avenue |