£153,593
This estimated value is based upon the latest sale price for the house of £90,000 on 22 Jul 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £90,000 | 22 Jul 2010 |
| £90,000 | 30 Apr 2009 |
| £90,000 | 30 Apr 2009 |
| £161,950 | 6 Mar 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 2010 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £90,000 results in an estimated price of approximately £153,593.
| 22 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.659 % | £90,000 | £63,593 | £153,593 |
The Postcode Pricing Model uses changes in average sales price within the B17 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 | 12.058 % | £10,852 | £100,852 |
| 3 Month Average | 21.411 % | £19,270 | £109,270 |
| 6 Month Average | 21.516 % | £19,364 | £109,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £67,278 | £65,750 | FLAT 2 35 SANDON ROAD |
| 9 Mar 2023 | £395,098 | £388,500 | 39 SANDON ROAD |
| 8 Jul 2022 | £525,263 | £520,000 | 29 SANDON ROAD |
| 7 Jan 2022 | £270,351 | £255,000 | 496 CITY ROAD |
| 30 Nov 2021 | £2,685,666 | £2,465,000 | 6 MEADOW ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 29 Sep 2018. Using an estimated price of £153,593 means this house is valued at £2,047 per sq meter (£190 per sq foot).
The average size of a house on SANDON ROAD is 161 sq meters (1,734 sq feet).