£253,549
This estimated value is based upon the latest sale price for the house of £240,000 on 22 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 22 Feb 2022 |
| £162,500 | 16 Aug 2013 |
| £65,000 | 14 Jul 1997 |
| £37,000 | 21 Jul 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 February 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £240,000 results in an estimated price of approximately £253,549.
| 22 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £240,000 | £13,549 | £253,549 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | 3.659 % | £8,782 | £248,782 |
| 3 Month Average | 12.462 % | £29,909 | £269,909 |
| 6 Month Average | 16.268 % | £39,042 | £279,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £320,000 | £320,000 | 22 EDWARD ROAD |
| 3 May 2024 | £280,000 | £280,000 | 31 HOLLY ROAD |
| 7 Dec 2023 | £221,816 | £215,000 | 37 HOLLY ROAD |
| 2 Oct 2023 | £414,412 | £405,000 | 18 EDWARD ROAD |
| 29 Sep 2023 | £255,635 | £250,000 | 50 HOLLY ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 24 Apr 2012. Using an estimated price of £253,550 means this house is valued at £3,092 per sq meter (£287 per sq foot).
The average size of a house on CASTLE ROAD WEST is 97 sq meters (1,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Road |
| Jul 2024 | Possession of weapons | Under investigation | On or near Chestnut Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Road |
| Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near Chestnut Road |