£265,114
This estimated value is based upon the latest sale price for the house of £154,000 on 12 Aug 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £154,000 | 12 Aug 2011 |
| £130,950 | 3 Dec 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,122 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 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.152%.Applying this 72.152% change to the original purchase price of £154,000 results in an estimated price of approximately £265,114.
| 12 Aug 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.0 | 72.152 % | £154,000 | £111,114 | £265,114 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 4.375 % | £6,737 | £160,737 |
| 3 Month Average | 38.087 % | £58,654 | £212,654 |
| 6 Month Average | 66.439 % | £102,316 | £256,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £237,910 | £240,000 | 1 SOMERSET ROAD |
| 13 Jan 2023 | £201,232 | £203,000 | 8 WESTMORLAND ROAD |
| 14 Oct 2022 | £147,803 | £150,000 | 66 ESSEX AVENUE |
| 1 Jul 2022 | £170,769 | £171,000 | 42 ESSEX AVENUE |
| 14 Apr 2022 | £92,308 | £90,000 | 12 WESTMORLAND ROAD |
This house has a floor area of 104 sq meters or 1,122 sq feet when measured on 23 May 2011. Using an estimated price of £265,115 means this house is valued at £2,541 per sq meter (£236 per sq foot).
The average size of a house on DURHAM DRIVE is 95 sq meters (1,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Durham Drive |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Durham Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Drive |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Durham Drive |