£156,250
This estimated value is based upon the latest sale price for the house of £145,000 on 17 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £145,000 | 17 Sep 2021 |
| £93,000 | 8 Sep 2004 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £145,000 results in an estimated price of approximately £156,250.
| 17 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £145,000 | £11,250 | £156,250 |
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 | -42.075 % | £-61,008 | £83,991 |
| 3 Month Average | 2.097 % | £3,040 | £148,040 |
| 6 Month Average | 3.818 % | £5,536 | £150,536 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £91,352 | £90,000 | 5 CRANBOURNE PLACE |
| 31 Aug 2023 | £161,412 | £160,000 | 9 SLAITHWAITE ROAD |
| 11 Apr 2023 | £227,449 | £225,000 | 35 KINITHS WAY |
| 25 Nov 2022 | £247,008 | £250,000 | 33 KINITHS WAY |
| 1 Jul 2022 | £241,650 | £241,000 | 12 KINITHS WAY |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 20 Sep 2012. Using an estimated price of £156,251 means this house is valued at £2,790 per sq meter (£259 per sq foot).
The average size of a house on SLAITHWAITE ROAD is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Slaithwaite Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Slaithwaite Road |
| Feb 2024 | Burglary | Under investigation | On or near Kiniths Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cottrell Street |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cranbourne Place |