£297,579
This estimated value is based upon the latest sale price for the house of £175,000 on 13 Feb 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 13 Feb 2013 |
| £83,500 | 21 May 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2013 the House Price Index for WEST MIDLANDS was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £175,000 results in an estimated price of approximately £297,579.
| 13 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.045 % | £175,000 | £122,579 | £297,579 |
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 | 37.503 % | £65,630 | £240,630 |
| 3 Month Average | 62.752 % | £109,816 | £284,816 |
| 6 Month Average | 53.147 % | £93,007 | £268,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £276,496 | £268,000 | 33 MERECOTE ROAD |
| 13 Oct 2023 | £306,972 | £300,000 | 21 MERECOTE ROAD |
| 21 Apr 2023 | £407,624 | £400,000 | 30 BROOKFIELD WAY |
| 28 Jul 2022 | £280,814 | £278,000 | 19 MERECOTE ROAD |
| 9 Jun 2022 | £342,317 | £335,000 | 14 BROOKFIELD WAY |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 23 Aug 2012. Using an estimated price of £297,579 means this house is valued at £3,815 per sq meter (£354 per sq foot).
The average size of a house on MERECOTE ROAD is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Merecote Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brookfield Way |
| Oct 2024 | Anti-social behaviour | On or near Swanswell Road | |
| Sep 2024 | Other crime | Under investigation | On or near Swanswell Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swanswell Road |