£352,987
This estimated value is based upon the latest sale price for the house of £280,000 on 9 Nov 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £280,000 | 9 Nov 2017 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 November 2017 the House Price Index for WEST MIDLANDS was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £280,000 results in an estimated price of approximately £352,987.
| 9 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £280,000 | £72,987 | £352,987 |
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 | 1.213 % | £3,397 | £283,397 |
| 3 Month Average | 25.728 % | £72,038 | £352,038 |
| 6 Month Average | 18.651 % | £52,223 | £332,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £482,138 | £475,000 | 25 WELFORD ROAD |
| 11 Aug 2023 | £424,211 | £420,500 | 38 COLLEGE ROAD |
| 1 Feb 2023 | £389,738 | £390,000 | 404 JOCKEY ROAD |
| 4 Aug 2022 | £401,419 | £402,500 | 15 WELFORD ROAD |
| 18 Mar 2022 | £370,982 | £358,000 | 71 WELFORD ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 10 Jul 2017. Using an estimated price of £352,987 means this house is valued at £3,755 per sq meter (£348 per sq foot).
The average size of a house on COLLEGE ROAD is 99 sq meters (1,067 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Welford Road |
| Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Maxstoke Road |
| Mar 2024 | Possession of weapons | Under investigation | On or near Stirling Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stirling Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near College Road |