£581,355
This estimated value is based upon the latest sale price for the house of £472,000 on 17 Apr 2019. 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 Highbridge Road
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| Price Paid | Date |
|---|---|
| £472,000 | 17 Apr 2019 |
| £253,750 | 5 Jun 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 172 sq meters or 1,851 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 April 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £472,000 results in an estimated price of approximately £581,355.
| 17 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £472,000 | £109,355 | £581,355 |
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 | 122.535 % | £578,366 | £1,050,366 |
| 3 Month Average | 35.698 % | £168,492 | £640,492 |
| 6 Month Average | 14.611 % | £68,965 | £540,965 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £472,876 | £470,000 | 19 WALTER COBB DRIVE |
| 31 Jul 2023 | £323,056 | £320,000 | 76 FREDERICK ROAD |
| 7 Jul 2023 | £479,536 | £475,000 | 34 MAYFIELD ROAD |
| 30 Jun 2023 | £504,087 | £500,000 | 32 SILVERMEAD ROAD |
| 28 Jun 2023 | £126,022 | £125,000 | 189 HIGHBRIDGE ROAD |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 25 Jan 2019. Using an estimated price of £581,356 means this house is valued at £3,379 per sq meter (£314 per sq foot).
The average size of a house on HIGHBRIDGE ROAD is 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highbridge Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Highbridge Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Walter Cobb Drive |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Walter Cobb Drive |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Silvermead Road |