£366,032
This estimated value is based upon the latest sale price for the house of £285,000 on 7 Jul 2017. 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 St Margarets Drive
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| Price Paid | Date |
|---|---|
| £285,000 | 7 Jul 2017 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 July 2017 the House Price Index for WEST MIDLANDS was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £285,000 results in an estimated price of approximately £366,032.
| 7 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £285,000 | £81,032 | £366,032 |
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 | 82.260 % | £234,442 | £519,442 |
| 3 Month Average | 32.083 % | £91,437 | £376,437 |
| 6 Month Average | 27.948 % | £79,652 | £364,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £91,000 | £91,000 | 8 SCHOOL LANE |
| 6 Jun 2023 | £132,658 | £130,000 | FLAT 12 HALESBURY COURT OMBERSLEY ROAD |
| 21 Apr 2023 | £305,718 | £300,000 | 4 CHADDESLEY ROAD |
| 19 Aug 2022 | £147,691 | £147,000 | FLAT 6 HALESBURY COURT OMBERSLEY ROAD |
| 1 Aug 2022 | £197,423 | £196,500 | 66 QUARRY LANE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 26 May 2016. Using an estimated price of £366,033 means this house is valued at £3,297 per sq meter (£306 per sq foot).
The average size of a house on HAGLEY ROAD is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near St Margarets Drive |
| Jul 2024 | Public order | Under investigation | On or near Chaddesley Road |
| Jul 2024 | Vehicle crime | Under investigation | On or near Leasowes Court |
| Jun 2024 | Anti-social behaviour | On or near Grove Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Grove Avenue |