£561,936
This estimated value is based upon the latest sale price for the house of £500,000 on 31 Aug 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 |
|---|---|
| £500,000 | 31 Aug 2021 |
| £150,000 | 9 Jul 2012 |
| £137,000 | 15 Jul 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 August 2021 the House Price Index for WEST MIDLANDS was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £500,000 results in an estimated price of approximately £561,936.
| 31 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £500,000 | £61,936 | £561,936 |
The Postcode Pricing Model uses changes in average sales price within the B29 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 | 51.821 % | £259,102 | £759,102 |
| 3 Month Average | 20.424 % | £102,119 | £602,119 |
| 6 Month Average | 11.393 % | £56,966 | £556,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £490,059 | £475,000 | 10 HOLLY GROVE |
| 23 Oct 2023 | £314,646 | £307,500 | 124 HEELEY ROAD |
| 17 Feb 2023 | £397,656 | £395,000 | 68 HEELEY ROAD |
| 23 Jan 2023 | £302,809 | £302,000 | 70 HEELEY ROAD |
| 30 Nov 2022 | £363,301 | £365,000 | 102 HEELEY ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 12 Feb 2014. Using an estimated price of £561,937 means this house is valued at £6,937 per sq meter (£644 per sq foot).
The average size of a house on HEELEY ROAD is 101 sq meters (1,092 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heeley Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heeley Road |
| Jul 2024 | Other theft | Under investigation | On or near Exeter Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Exeter Road |
| Jun 2024 | Violence and sexual offences | Local resolution | On or near Exeter Road |