£646,313
This estimated value is based upon the latest sale price for the house of £623,000 on 7 Apr 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £623,000 | 7 Apr 2022 |
| £378,500 | 25 Jan 2013 |
| £160,000 | 19 Feb 1998 |
| Detached |
| Freehold |
| Floor Area: 185 sq meters or 1,991 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 April 2022 the House Price Index for WEST MIDLANDS was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £623,000 results in an estimated price of approximately £646,313.
| 7 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £623,000 | £23,313 | £646,313 |
The Postcode Pricing Model uses changes in average sales price within the B72 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 | 115.812 % | £721,508 | £1,344,508 |
| 3 Month Average | 5.587 % | £34,807 | £657,807 |
| 6 Month Average | 15.925 % | £99,211 | £722,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £644,908 | £635,000 | 137 BIRMINGHAM ROAD |
| 16 Oct 2023 | £235,345 | £230,000 | APARTMENT 4 OSBORNE HOUSE, 147 BIRMINGHAM ROAD |
| 20 Sep 2023 | £189,170 | £185,000 | 6 BALMORAL HOUSE 145 BIRMINGHAM ROAD |
| 14 Aug 2023 | £239,316 | £235,000 | APARTMENT 3 OSBORNE HOUSE, 147 BIRMINGHAM ROAD |
| 13 Jan 2023 | £124,332 | £124,000 | FLAT 7 SUTTON PARK COURT, 160 BIRMINGHAM ROAD |
This house has a floor area of 185 sq meters or 1,991 sq feet when measured on 11 Oct 2012. Using an estimated price of £646,314 means this house is valued at £3,493 per sq meter (£324 per sq foot).
The average size of a house on BIRMINGHAM ROAD is 111 sq meters (1,199 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stoney Leasow |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hurley Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wyndley Grove |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Addenbrooke Drive |
| Jul 2024 | Anti-social behaviour | On or near Addenbrooke Drive |