£214,552
This estimated value is based upon the latest sale price for the house of £169,950 on 29 Mar 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£169,950 | 29 Mar 2018 |
£169,950 | 29 Mar 2018 |
Semi-Detached |
Leasehold |
Floor Area: 91 sq meters or 979 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 March 2018 the House Price Index for WEST MIDLANDS was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £169,950 results in an estimated price of approximately £214,552.
29 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £169,950 | £44,602 | £214,552 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 59.889 % | £101,781 | £271,731 |
3 Month Average | 24.707 % | £41,989 | £211,939 |
6 Month Average | 26.391 % | £44,851 | £214,801 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Jul 2024 | £260,000 | £260,000 | 41 ELMWOOD ROAD |
6 Apr 2023 | £218,079 | £214,000 | 168 BALMORAL ROAD |
12 Sep 2022 | £119,920 | £120,000 | 17 ELMWOOD ROAD |
17 Jun 2022 | £245,242 | £240,000 | 135 BALMORAL ROAD |
18 Feb 2022 | £249,852 | £236,500 | 72 HAMILTON DRIVE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 26 Jan 2018. Using an estimated price of £214,553 means this house is valued at £2,357 per sq meter (£219 per sq foot).
The average size of a house on BALMORAL ROAD is 81 sq meters (872 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other crime | Unable to prosecute suspect | On or near Bluebell Close |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashdene Gardens |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashdene Gardens |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashdene Gardens |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rothesay Drive |