£408,091
This estimated value is based upon the latest sale price for the house of £410,000 on 14 Nov 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£410,000 | 14 Nov 2022 |
£235,750 | 1 Aug 2008 |
£75,000 | 15 Aug 2005 |
£74,500 | 27 Oct 1995 |
Semi-Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 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 2022 the House Price Index for WEST MIDLANDS was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £410,000 results in an estimated price of approximately £408,091.
14 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.4 | 149.7 | -0.465 % | £410,000 | £-1,908 | £408,091 |
The Postcode Pricing Model uses changes in average sales price within the B75 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 | -21.301 % | £-87,336 | £322,663 |
3 Month Average | -9.147 % | £-37,500 | £372,499 |
6 Month Average | -10.736 % | £-44,017 | £365,982 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £350,544 | £347,500 | 68 WILLMOTT ROAD |
24 Nov 2023 | £538,674 | £525,000 | 96 WILLMOTT ROAD |
11 Aug 2023 | £404,801 | £397,500 | 73 WILLMOTT ROAD |
23 Jun 2023 | £389,812 | £382,000 | 49 MARLPIT LANE |
6 Feb 2023 | £177,184 | £176,000 | 16A MARLPIT LANE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 22 Jun 2021. Using an estimated price of £408,092 means this house is valued at £3,291 per sq meter (£305 per sq foot).
The average size of a house on WILLMOTT ROAD is 105 sq meters (1,140 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farmstead Close |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farmstead Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Farmstead Close |
Aug 2024 | Anti-social behaviour | On or near Farm House Lane | |
Aug 2024 | Anti-social behaviour | On or near Farm House Lane |