£173,517
This estimated value is based upon the latest sale price for the house of £172,000 on 10 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £172,000 | 10 Aug 2023 |
| £130,000 | 30 Oct 2020 |
| £99,950 | 12 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 August 2023 the House Price Index for WEST MIDLANDS was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £172,000 results in an estimated price of approximately £173,517.
| 10 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £172,000 | £1,517 | £173,517 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 25.770 % | £44,323 | £216,323 |
| 3 Month Average | -10.833 % | £-18,632 | £153,367 |
| 6 Month Average | -1.136 % | £-1,953 | £170,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £290,075 | £285,000 | 8 WHEATCROFT CLOSE |
| 10 Aug 2023 | £173,518 | £172,000 | 18 ROUNDHILLS ROAD |
| 16 Jun 2023 | £308,740 | £305,000 | 14 WOODBURY CLOSE |
| 2 Jun 2023 | £263,188 | £260,000 | 9 WHEATCROFT CLOSE |
| 27 Jan 2023 | £314,518 | £316,000 | 11 WOODBURY CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 8 Aug 2019. Using an estimated price of £173,518 means this house is valued at £2,991 per sq meter (£277 per sq foot).
The average size of a house on ROUNDHILLS ROAD is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Wheatcroft Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatcroft Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatcroft Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatcroft Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatcroft Close |