£443,953
This estimated value is based upon the latest sale price for the house of £444,250 on 9 Sep 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £444,250 | 9 Sep 2022 |
| £240,000 | 1 Jul 2013 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,151 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 September 2022 the House Price Index for WEST MIDLANDS was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £444,250 results in an estimated price of approximately £443,953.
| 9 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £444,250 | £-296 | £443,953 |
The Postcode Pricing Model uses changes in average sales price within the B30 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 | -8.484 % | £-37,692 | £406,557 |
| 3 Month Average | -0.897 % | £-3,983 | £440,266 |
| 6 Month Average | 8.317 % | £36,947 | £481,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £357,101 | £354,000 | 68 FRANKLIN ROAD |
| 21 Dec 2023 | £270,007 | £261,710 | 139 MIDLAND ROAD |
| 3 Aug 2023 | £397,163 | £390,000 | 265 FRANKLIN ROAD |
| 29 Nov 2022 | £383,208 | £385,000 | 35 BEAUMONT ROAD |
| 28 Oct 2022 | £353,818 | £355,000 | 17 BEAUMONT ROAD |
This house has a floor area of 106 sq meters or 1,151 sq feet when measured on 26 Feb 2012. Using an estimated price of £443,953 means this house is valued at £4,149 per sq meter (£385 per sq foot).
The average size of a house on FRANKLIN ROAD is 123 sq meters (1,332 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Sep 2024 | Anti-social behaviour | On or near Parking Area | |
| Sep 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |