£181,392
This estimated value is based upon the latest sale price for the house of £178,000 on 20 Apr 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £178,000 | 20 Apr 2023 |
| £103,500 | 24 Jun 2011 |
| £29,999 | 8 Jan 1999 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 832 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 2023 the House Price Index for WEST MIDLANDS was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £178,000 results in an estimated price of approximately £181,392.
| 20 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £178,000 | £3,392 | £181,392 |
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 | -48.262 % | £-85,906 | £92,093 |
| 3 Month Average | -3.072 % | £-5,469 | £172,530 |
| 6 Month Average | -9.214 % | £-16,400 | £161,599 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £194,283 | £190,000 | 157 ROSEFIELD ROAD |
| 20 Apr 2023 | £181,393 | £178,000 | 173 ARDEN ROAD |
| 12 Jan 2023 | £186,498 | £186,000 | 135 ARDEN ROAD |
| 13 Jul 2022 | £131,316 | £130,000 | 82 ARDEN ROAD |
| 29 Apr 2022 | £186,736 | £180,000 | 132 ARDEN ROAD |
This house has a floor area of 77 sq meters or 832 sq feet when measured on 7 Oct 2010. Using an estimated price of £181,393 means this house is valued at £2,345 per sq meter (£217 per sq foot).
The average size of a house on ARDEN ROAD is 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Edward Road |
| May 2024 | Violence and sexual offences | Offender given a caution | On or near Edward Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Road |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Rosefield Road |