£200,048
This estimated value is based upon the latest sale price for the house of £162,000 on 7 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £162,000 | 7 Sep 2018 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £162,000 results in an estimated price of approximately £200,048.
| 7 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £162,000 | £38,048 | £200,048 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -17.565 % | £-28,455 | £133,544 |
| 3 Month Average | 12.988 % | £21,040 | £183,040 |
| 6 Month Average | 33.924 % | £54,957 | £216,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £177,553 | £176,000 | 211 HYDES ROAD |
| 3 Feb 2023 | £204,862 | £205,000 | 15 RYDDING LANE |
| 1 Aug 2022 | £199,463 | £200,000 | 37 GRIFFITHS ROAD |
| 17 Jun 2022 | £244,962 | £241,500 | 150 HYDES ROAD |
| 29 Apr 2022 | £278,046 | £270,000 | 9 RYDDING LANE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 21 Dec 2017. Using an estimated price of £200,048 means this house is valued at £2,857 per sq meter (£265 per sq foot).
The average size of a house on HYDES ROAD is 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hydes Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hydes Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hydes Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hydes Road |
| Feb 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Hydes Road |