£166,659
This estimated value is based upon the latest sale price for the house of £95,000 on 17 Feb 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Teme Road
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| Price Paid | Date |
|---|---|
| £95,000 | 17 Feb 2006 |
| £75,000 | 3 Jun 2004 |
| £34,250 | 12 Dec 1997 |
| £30,360 | 12 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2006 the House Price Index for WEST MIDLANDS was 83.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 75.431%.Applying this 75.431% change to the original purchase price of £95,000 results in an estimated price of approximately £166,659.
| 17 Feb 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 146.7 | 75.431 % | £95,000 | £71,659 | £166,659 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 66.229 % | £62,917 | £157,917 |
| 3 Month Average | 31.596 % | £30,016 | £125,016 |
| 6 Month Average | 47.845 % | £45,452 | £140,452 |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 18 May 2016.
The average size of a house on TEME ROAD is 110 sq meters (1,193 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Teme Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Teme Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Teme Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Teme Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Teme Road |