£165,735
This estimated value is based upon the latest sale price for the house of £130,000 on 7 Jul 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £130,000 | 7 Jul 2017 |
| £100,000 | 24 Mar 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2017 the House Price Index for WEST MIDLANDS was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £130,000 results in an estimated price of approximately £165,735.
| 7 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £130,000 | £35,735 | £165,735 |
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 | 45.027 % | £58,534 | £188,534 |
| 3 Month Average | 15.384 % | £19,998 | £149,998 |
| 6 Month Average | 29.772 % | £38,703 | £168,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £458,014 | £450,000 | 79 WILLIAM ROAD |
| 24 Nov 2023 | £213,156 | £210,000 | 45 WILLIAM ROAD |
| 24 Aug 2023 | £258,259 | £256,000 | 8 SMITH CLOSE |
| 18 Aug 2023 | £337,957 | £335,000 | 51 WILLIAM ROAD |
| 27 Jun 2023 | £222,698 | £220,000 | 18 HILLFIELDS |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 9 Oct 2013. Using an estimated price of £165,736 means this house is valued at £2,367 per sq meter (£219 per sq foot).
The average size of a house on WILLIAM ROAD is 108 sq meters (1,163 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Hillfields |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hillfields |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hillfields |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Hillfields |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hillfields |