£252,767
This estimated value is based upon the latest sale price for the house of £245,000 on 1 Dec 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£245,000 | 1 Dec 2023 |
£245,000 | 1 Dec 2023 |
£245,000 | 1 Dec 2023 |
£67,000 | 10 Sep 1997 |
Freehold |
Floor Area: 91 sq meters or 979 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 December 2023 the House Price Index for WEST MIDLANDS was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £245,000 results in an estimated price of approximately £252,767.
1 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £245,000 | £7,767 | £252,767 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 33.835 % | £82,895 | £327,895 |
3 Month Average | 3.182 % | £7,796 | £252,796 |
6 Month Average | -5.882 % | £-14,410 | £230,589 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 May 2024 | £315,000 | £315,000 | 1 GLENCROFT ROAD |
1 Dec 2023 | £252,767 | £245,000 | 189 VALLEY ROAD |
7 Aug 2023 | £200,618 | £197,000 | 36 CROFT DOWN ROAD |
20 Jun 2023 | £237,255 | £232,500 | 9 CROFT DOWN ROAD |
19 Oct 2022 | £250,164 | £251,000 | 44 GLENCROFT ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 14 Sep 2020. Using an estimated price of £252,767 means this house is valued at £2,777 per sq meter (£258 per sq foot).
The average size of a house on VALLEY ROAD is 92 sq meters (1,000 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glencroft Road |
May 2024 | Violence and sexual offences | Under investigation | On or near Glencroft Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glencroft Road |
May 2024 | Anti-social behaviour | On or near Glencroft Road | |
May 2024 | Anti-social behaviour | On or near Glencroft Road |