£367,408
This estimated value is based upon the latest sale price for the house of £240,000 on 13 Jun 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 13 Jun 2014 |
| Detached |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 June 2014 the House Price Index for WEST MIDLANDS was 96.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 53.087%.Applying this 53.087% change to the original purchase price of £240,000 results in an estimated price of approximately £367,408.
| 13 Jun 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.0 | 53.087 % | £240,000 | £127,408 | £367,408 |
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 | 124.248 % | £298,196 | £538,196 |
| 3 Month Average | 55.897 % | £134,153 | £374,153 |
| 6 Month Average | 49.552 % | £118,925 | £358,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £362,943 | £360,000 | 21 BAKERS LANE |
| 20 Apr 2023 | £483,594 | £480,000 | 159 WESTWOOD ROAD |
| 6 Mar 2023 | £346,875 | £345,000 | 47 SUTTON OAK ROAD |
| 6 Mar 2023 | £422,283 | £420,000 | 168 WESTWOOD ROAD |
| 27 Feb 2023 | £432,952 | £435,000 | 185 WESTWOOD ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 20 Mar 2014. Using an estimated price of £367,408 means this house is valued at £4,128 per sq meter (£383 per sq foot).
The average size of a house on WESTWOOD ROAD is 109 sq meters (1,180 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Longmore Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Kingstanding Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Kingstanding Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kingstanding Road |
| Jan 2024 | Burglary | Under investigation | On or near Kingstanding Road |