£184,839
This estimated value is based upon the latest sale price for the house of £150,000 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 23 Nov 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £150,000 results in an estimated price of approximately £184,839.
| 23 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £150,000 | £34,839 | £184,839 |
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 | -7.378 % | £-11,067 | £138,932 |
| 3 Month Average | 14.648 % | £21,972 | £171,972 |
| 6 Month Average | 31.093 % | £46,639 | £196,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Feb 2023 | £145,902 | £146,000 | 135 HEATH LANE |
| 27 Jan 2023 | £238,875 | £240,000 | 1 SOMERSET ROAD |
| 14 Oct 2022 | £148,402 | £150,000 | 66 ESSEX AVENUE |
| 1 Jul 2022 | £171,462 | £171,000 | 42 ESSEX AVENUE |
| 11 Mar 2022 | £98,445 | £95,000 | 18 WESTMORLAND ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 24 Jul 2018. Using an estimated price of £184,840 means this house is valued at £2,124 per sq meter (£197 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 | Under investigation | On or near Durham Drive |
| Mar 2024 | Criminal damage and arson | Under investigation | 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Drive |