£500,387
This estimated value is based upon the latest sale price for the house of £167,500 on 19 Apr 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£167,500 | 19 Apr 2002 |
Semi-Detached |
Freehold |
Floor Area: 229 sq meters or 2,464 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 April 2002 the House Price Index for WEST MIDLANDS was 49.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 198.739%.Applying this 198.739% change to the original purchase price of £167,500 results in an estimated price of approximately £500,387.
19 Apr 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.7 | 148.6 | 198.739 % | £167,500 | £332,887 | £500,387 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | -29.665 % | £-49,689 | £117,810 |
3 Month Average | 123.480 % | £206,828 | £374,328 |
6 Month Average | 143.941 % | £241,101 | £408,601 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £325,442 | £321,500 | 18 RAVENSHAW ROAD |
1 Jul 2022 | £451,215 | £450,000 | 70 STANMORE ROAD |
22 Jun 2022 | £963,618 | £950,000 | TEMPLE ROW HOUSE, 369 CITY ROAD |
25 Mar 2022 | £238,340 | £230,000 | 1 NEWNHAM ROAD |
7 Jan 2022 | £105,241 | £100,000 | FLAT 5 PORTLAND PLACE PORTLAND ROAD |
This house has a floor area of 229 sq meters or 2,464 sq feet when measured on 21 Feb 2014. Using an estimated price of £500,387 means this house is valued at £2,185 per sq meter (£203 per sq foot).
The average size of a house on PORTLAND ROAD is 128 sq meters (1,378 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Newnham Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Newnham Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Newnham Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Newnham Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Newnham Road |