£400,618
This estimated value is based upon the latest sale price for the house of £350,000 on 23 Jul 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Sutton Oak Road
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| Price Paid | Date |
|---|---|
| £350,000 | 23 Jul 2021 |
| £230,000 | 24 Sep 2018 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 July 2021 the House Price Index for WEST MIDLANDS was 129.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £350,000 results in an estimated price of approximately £400,618.
| 23 Jul 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.0 | 14.462 % | £350,000 | £50,618 | £400,618 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 144.489 % | £505,713 | £855,713 |
| 3 Month Average | 1.665 % | £5,828 | £355,828 |
| 6 Month Average | -7.547 % | £-26,412 | £323,587 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £362,943 | £360,000 | 21 BAKERS LANE |
| 25 Feb 2022 | £389,061 | £372,500 | 54 BAKERS LANE |
| 26 Jan 2022 | £309,207 | £295,000 | 74 SUTTON OAK ROAD |
| 15 Nov 2021 | £140,029 | £130,000 | 20 ELMWOOD COURT SUTTON OAK ROAD |
| 10 Sep 2021 | £107,324 | £100,000 | 11 ELMWOOD COURT SUTTON OAK ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 22 Aug 2018. Using an estimated price of £400,619 means this house is valued at £5,071 per sq meter (£471 per sq foot).
The average size of a house on SUTTON OAK ROAD is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sutton Oak Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Sutton Oak Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Bakers Lane |
| Feb 2024 | Anti-social behaviour | On or near Bakers Lane | |
| Feb 2024 | Anti-social behaviour | On or near Bakers Lane |