£163,383
This estimated value is based upon the latest sale price for the house of £162,500 on 13 Mar 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £162,500 | 13 Mar 2023 |
| £56,000 | 21 Mar 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 March 2023 the House Price Index for WEST MIDLANDS was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £162,500 results in an estimated price of approximately £163,383.
| 13 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.0 | 0.543 % | £162,500 | £883 | £163,383 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | -5.834 % | £-9,479 | £153,020 |
| 3 Month Average | -24.941 % | £-40,528 | £121,971 |
| 6 Month Average | -8.308 % | £-13,499 | £149,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £335,344 | £329,000 | 28 WHEELEY ROAD |
| 29 Jun 2023 | £271,199 | £269,000 | 194 ROWOOD DRIVE |
| 13 Mar 2023 | £163,383 | £162,500 | 146 ROWOOD DRIVE |
| 27 Feb 2023 | £259,871 | £261,100 | 174 ROWOOD DRIVE |
| 24 Feb 2023 | £164,223 | £165,000 | 20 GREENLAND RISE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 7 Mar 2019. Using an estimated price of £163,383 means this house is valued at £3,082 per sq meter (£286 per sq foot).
The average size of a house on ROWOOD DRIVE is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lingham Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lingham Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Greenland Rise |
| Apr 2024 | Public order | Under investigation | On or near Greenland Rise |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Greenland Rise |