£382,242
This estimated value is based upon the latest sale price for the house of £280,000 on 26 Feb 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £280,000 | 26 Feb 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2016 the House Price Index for WEST MIDLANDS was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £280,000 results in an estimated price of approximately £382,242.
| 26 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £280,000 | £102,242 | £382,242 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | -21.899 % | £-61,316 | £218,683 |
| 3 Month Average | 36.220 % | £101,416 | £381,416 |
| 6 Month Average | 32.738 % | £91,666 | £371,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £428,849 | £422,500 | 42 NEW CHURCH ROAD |
| 24 Apr 2023 | £323,483 | £320,000 | 54 WESTERN ROAD |
| 27 Jul 2022 | £416,120 | £415,000 | 44 NEW CHURCH ROAD |
| 15 Mar 2022 | £445,593 | £430,000 | 45 NEW CHURCH ROAD |
| 7 Mar 2022 | £414,505 | £400,000 | 140 STATION ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 27 Nov 2015. Using an estimated price of £382,243 means this house is valued at £3,474 per sq meter (£322 per sq foot).
The average size of a house on STATION ROAD is 117 sq meters (1,269 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Station Road |
| Mar 2024 | Criminal damage and arson | On or near Wylde Green (Station) | |
| Mar 2024 | Vehicle crime | On or near Wylde Green (Station) | |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Buxton Road |