£350,638
This estimated value is based upon the latest sale price for the house of £323,000 on 28 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £323,000 | 28 Sep 2021 |
| £142,500 | 27 Jun 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £323,000 results in an estimated price of approximately £350,638.
| 28 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £323,000 | £27,638 | £350,638 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 14.916 % | £48,179 | £371,179 |
| 3 Month Average | -1.768 % | £-5,710 | £317,289 |
| 6 Month Average | -27.286 % | £-88,133 | £234,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £410,418 | £400,000 | 109 DAMSON LANE |
| 28 Apr 2023 | £239,479 | £235,000 | 42 DAMSON LANE |
| 26 Jan 2023 | £249,667 | £249,000 | 36 DAMSON LANE |
| 1 Aug 2022 | £175,822 | £175,000 | 30 ALSTON CLOSE |
| 13 May 2022 | £214,591 | £209,000 | 44 DAMSON LANE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 19 Nov 2018. Using an estimated price of £350,639 means this house is valued at £3,158 per sq meter (£293 per sq foot).
The average size of a house on HEATH ROAD is 89 sq meters (967 sq feet).
This house is the largest in the street with a floor area of 111 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Awaiting court outcome | On or near Heath Road |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Heath Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heath Road |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Bourne Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Alston Road |