£171,616
This estimated value is based upon the latest sale price for the house of £170,000 on 24 Mar 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £170,000 | 24 Mar 2023 |
| £108,000 | 5 Nov 2015 |
| £103,000 | 18 Jun 2010 |
| £41,250 | 29 Jan 2001 |
| £36,500 | 28 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 637 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 March 2023 the House Price Index for WEST MIDLANDS was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £170,000 results in an estimated price of approximately £171,616.
| 24 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £170,000 | £1,616 | £171,616 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | -53.427 % | £-90,825 | £79,174 |
| 3 Month Average | -7.720 % | £-13,123 | £156,876 |
| 6 Month Average | -9.945 % | £-16,907 | £153,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £172,555 | £170,000 | 37 ROUND ROAD |
| 17 Apr 2023 | £177,916 | £176,000 | 32 ROUND ROAD |
| 24 Mar 2023 | £171,617 | £170,000 | 17 ROUND ROAD |
| 27 Feb 2023 | £169,886 | £170,000 | 61 ROUND ROAD |
| 10 Feb 2023 | £189,872 | £190,000 | 168 ROUND ROAD |
This house has a floor area of 59 sq meters or 637 sq feet when measured on 18 Feb 2010. Using an estimated price of £171,617 means this house is valued at £2,896 per sq meter (£269 per sq foot).
The average size of a house on ROUND ROAD is 68 sq meters (733 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Inland Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Inland Road |
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Inland Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Inland Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Inland Road |