£159,495
This estimated value is based upon the latest sale price for the house of £128,000 on 20 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £128,000 | 20 Aug 2018 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 August 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £128,000 results in an estimated price of approximately £159,495.
| 20 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £128,000 | £31,495 | £159,495 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | -51.803 % | £-66,308 | £61,691 |
| 3 Month Average | 25.674 % | £32,863 | £160,863 |
| 6 Month Average | 19.005 % | £24,326 | £152,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £138,516 | £135,000 | 23 CHESHIRE ROAD |
| 27 Oct 2023 | £172,416 | £168,500 | 69 CHESHIRE ROAD |
| 29 Sep 2023 | £194,283 | £190,000 | 157 ROSEFIELD ROAD |
| 3 Mar 2023 | £193,227 | £190,000 | 138 CHESHIRE ROAD |
| 14 Feb 2020 | £178,719 | £145,000 | 137 ROSEFIELD ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 15 Mar 2018. Using an estimated price of £159,496 means this house is valued at £1,696 per sq meter (£157 per sq foot).
The average size of a house on CHESHIRE ROAD is 105 sq meters (1,135 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheshire Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheshire Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheshire Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheshire Road |
| Jun 2024 | Possession of weapons | Under investigation | On or near Cheshire Road |