£183,194
This estimated value is based upon the latest sale price for the house of £151,500 on 10 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£151,500 | 10 Jul 2020 |
£100,000 | 6 Dec 2002 |
£94,950 | 28 Jun 2001 |
Terraced |
Leasehold |
Floor Area: 80 sq meters or 861 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 July 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £151,500 results in an estimated price of approximately £183,194.
10 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £151,500 | £31,694 | £183,194 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 15.949 % | £24,162 | £175,662 |
3 Month Average | 28.079 % | £42,540 | £194,040 |
6 Month Average | 19.120 % | £28,966 | £180,466 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £127,225 | £124,999 | 12 FORSYTHIA CLOSE |
15 Sep 2023 | £202,590 | £200,000 | 155A LONG NUKE ROAD |
7 Jun 2023 | £107,300 | £106,000 | 22 FORSYTHIA CLOSE |
31 Mar 2023 | £176,664 | £175,000 | 58 ROUNDLEA ROAD |
20 Jan 2023 | £123,767 | £124,350 | 26 FORSYTHIA CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 7 Nov 2019. Using an estimated price of £183,194 means this house is valued at £2,289 per sq meter (£212 per sq foot).
The average size of a house on LONG NUKE ROAD is 85 sq meters (920 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherrington Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cherrington Close |
Mar 2024 | Anti-social behaviour | On or near Cherrington Close | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cherrington Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherrington Close |