£222,400
This estimated value is based upon the latest sale price for the house of £125,000 on 24 Mar 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 24 Mar 2006 |
| £54,000 | 30 Apr 1998 |
| £45,000 | 20 Sep 1996 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 730 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 2006 the House Price Index for WEST MIDLANDS was 84.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.920%.Applying this 77.920% change to the original purchase price of £125,000 results in an estimated price of approximately £222,400.
| 24 Mar 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 149.7 | 77.920 % | £125,000 | £97,400 | £222,400 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 63.775 % | £79,718 | £204,718 |
| 3 Month Average | 73.984 % | £92,479 | £217,479 |
| 6 Month Average | 68.887 % | £86,109 | £211,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £190,000 | £190,000 | 127 LIGHTWOODS ROAD |
| 28 Mar 2024 | £269,135 | £265,000 | 65 MILCOTE ROAD |
| 1 Nov 2023 | £228,808 | £223,000 | 105 MILCOTE ROAD |
| 23 Aug 2023 | £241,862 | £237,500 | 80 MILCOTE ROAD |
| 20 Mar 2023 | £223,736 | £220,000 | 139 MILCOTE ROAD |
This house has a floor area of 67 sq meters or 730 sq feet when measured on 6 May 2009. Using an estimated price of £222,400 means this house is valued at £3,275 per sq meter (£304 per sq foot).
The average size of a house on MILCOTE ROAD is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Long Hyde Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Long Hyde Road |
| Aug 2024 | Anti-social behaviour | On or near Long Hyde Road | |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Long Hyde Road |
| Aug 2024 | Anti-social behaviour | On or near Long Hyde Road |