£344,621
This estimated value is based upon the latest sale price for the house of £275,000 on 16 Mar 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £275,000 | 16 Mar 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 March 2018 the House Price Index for WEST MIDLANDS was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £275,000 results in an estimated price of approximately £344,621.
| 16 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £275,000 | £69,621 | £344,621 |
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 | 2.847 % | £7,829 | £282,829 |
| 3 Month Average | 31.362 % | £86,245 | £361,245 |
| 6 Month Average | 26.986 % | £74,211 | £349,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2022 | £508,631 | £510,000 | 390 HEATH ROAD SOUTH |
| 9 Aug 2022 | £878,635 | £881,000 | 36 INNAGE ROAD |
| 13 May 2022 | £64,210 | £63,000 | 16 CORNFIELD ROAD |
| 4 Feb 2022 | £230,713 | £220,000 | 312 HEATH ROAD SOUTH |
| 20 Dec 2021 | £519,618 | £485,000 | 108 BUNBURY ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 8 Nov 2017. Using an estimated price of £344,622 means this house is valued at £4,152 per sq meter (£385 per sq foot).
The average size of a house on CORNFIELD ROAD is 127 sq meters (1,372 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cornfield Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cornfield Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Josephs Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Josephs Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Josephs Avenue |