£274,893
This estimated value is based upon the latest sale price for the house of £126,250 on 19 Dec 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£126,250 | 19 Dec 2003 |
£78,500 | 31 Jan 2001 |
£53,000 | 3 Jan 1997 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 December 2003 the House Price Index for WEST MIDLANDS was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £126,250 results in an estimated price of approximately £274,893.
19 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 148.6 | 117.737 % | £126,250 | £148,643 | £274,893 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | 67.004 % | £84,592 | £210,842 |
3 Month Average | 48.649 % | £61,419 | £187,669 |
6 Month Average | 94.524 % | £119,335 | £245,585 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £223,710 | £221,000 | 59 MAPLETON ROAD |
12 Aug 2022 | £322,133 | £323,000 | 180 REDSTONE FARM ROAD |
25 Jan 2022 | £252,578 | £240,000 | 84 REDSTONE FARM ROAD |
1 Nov 2021 | £346,084 | £320,000 | 178 REDSTONE FARM ROAD |
28 Oct 2021 | £244,532 | £221,000 | 3 WESTLEY CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 25 Jul 2013. Using an estimated price of £274,893 means this house is valued at £3,393 per sq meter (£315 per sq foot).
The average size of a house on REDSTONE FARM ROAD is 100 sq meters (1,084 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redstone Farm Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redstone Farm Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Redstone Farm Road |
Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Redstone Farm Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redstone Farm Road |