£164,439
This estimated value is based upon the latest sale price for the house of £164,000 on 20 Jan 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £164,000 | 20 Jan 2023 |
| £127,000 | 12 Jul 2018 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 January 2023 the House Price Index for WEST MIDLANDS was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £164,000 results in an estimated price of approximately £164,439.
| 20 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £164,000 | £439 | £164,439 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | -1.737 % | £-2,848 | £161,151 |
| 3 Month Average | -10.206 % | £-16,737 | £147,262 |
| 6 Month Average | -5.532 % | £-9,072 | £154,927 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £148,777 | £145,000 | 14 CROSS STREET |
| 30 Jun 2023 | £285,726 | £280,000 | 85 PARKFIELD ROAD |
| 3 Mar 2023 | £305,095 | £300,000 | 113 FARM ROAD |
| 3 Mar 2023 | £328,766 | £323,276 | 82 PARKFIELD ROAD |
| 20 Jan 2023 | £164,439 | £164,000 | 136 FARM ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 14 Oct 2021. Using an estimated price of £164,439 means this house is valued at £2,529 per sq meter (£235 per sq foot).
The average size of a house on FARM ROAD is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Farm Road |
| Jun 2024 | Anti-social behaviour | On or near Farm Road | |
| Jun 2024 | Anti-social behaviour | On or near Farm Road | |
| Jun 2024 | Anti-social behaviour | On or near Farm Road | |
| Jun 2024 | Anti-social behaviour | On or near Farm Road |