£265,557
This estimated value is based upon the latest sale price for the house of £218,000 on 24 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£218,000 | 24 Jul 2020 |
£187,000 | 30 Oct 2015 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 July 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £218,000 results in an estimated price of approximately £265,557.
24 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £218,000 | £47,557 | £265,557 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 191.483 % | £417,432 | £635,432 |
3 Month Average | 19.650 % | £42,838 | £260,838 |
6 Month Average | 13.049 % | £28,446 | £246,446 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £410,418 | £400,000 | 109 DAMSON LANE |
28 Apr 2023 | £239,479 | £235,000 | 42 DAMSON LANE |
26 Jan 2023 | £249,667 | £249,000 | 36 DAMSON LANE |
1 Aug 2022 | £175,822 | £175,000 | 30 ALSTON CLOSE |
13 May 2022 | £214,591 | £209,000 | 44 DAMSON LANE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 17 Aug 2015. Using an estimated price of £265,557 means this house is valued at £4,215 per sq meter (£391 per sq foot).
The average size of a house on HEATH ROAD is 89 sq meters (967 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Awaiting court outcome | On or near Heath Road |
May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Heath Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heath Road |
Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Bourne Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Alston Road |