£611,258
This estimated value is based upon the latest sale price for the house of £495,000 on 6 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Irnham Road
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| Price Paid | Date |
|---|---|
| £495,000 | 6 Sep 2018 |
| £360,000 | 29 Jul 2011 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 September 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £495,000 results in an estimated price of approximately £611,258.
| 6 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £495,000 | £116,258 | £611,258 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | -27.093 % | £-134,111 | £360,888 |
| 3 Month Average | 5.320 % | £26,335 | £521,335 |
| 6 Month Average | 12.040 % | £59,598 | £554,598 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £729,325 | £720,000 | 19 IRNHAM ROAD |
| 23 Jun 2023 | £1,210,665 | £1,196,000 | 22 BELWELL GRANGE |
| 26 Jan 2023 | £875,874 | £880,000 | 8 BELWELL GRANGE |
| 6 Oct 2022 | £514,461 | £520,000 | 11 MIDGLEY DRIVE |
| 24 Aug 2022 | £972,383 | £975,000 | 14 BELWELL GRANGE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 5 Jun 2018. Using an estimated price of £611,259 means this house is valued at £5,659 per sq meter (£525 per sq foot).
The average size of a house on IRNHAM ROAD is 129 sq meters (1,398 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Irnham Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near B4151 |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near B4151 |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |