£245,242
This estimated value is based upon the latest sale price for the house of £240,000 on 17 Jun 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£240,000 | 17 Jun 2022 |
£167,500 | 17 Jan 2020 |
£150,000 | 11 Feb 2019 |
£138,950 | 17 Dec 2004 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 June 2022 the House Price Index for WEST MIDLANDS was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £240,000 results in an estimated price of approximately £245,242.
17 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £240,000 | £5,242 | £245,242 |
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 | 53.612 % | £128,669 | £368,669 |
3 Month Average | -1.292 % | £-3,100 | £236,899 |
6 Month Average | 10.497 % | £25,192 | £265,192 |
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 66 sq meters or 710 sq feet when measured on 16 Jul 2018. Using an estimated price of £245,242 means this house is valued at £3,715 per sq meter (£345 per sq foot).
The average size of a house on BALMORAL ROAD is 81 sq meters (875 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 |