£225,693
This estimated value is based upon the latest sale price for the house of £182,500 on 8 Apr 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £182,500 | 8 Apr 2019 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 April 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £182,500 results in an estimated price of approximately £225,693.
| 8 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £182,500 | £43,193 | £225,693 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 22.312 % | £40,720 | £223,220 |
| 3 Month Average | 2.843 % | £5,188 | £187,688 |
| 6 Month Average | 12.858 % | £23,466 | £205,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £202,590 | £200,000 | 11 BRIAN ROAD |
| 21 Jul 2023 | £268,615 | £265,000 | 25 HEATHER ROAD |
| 28 Apr 2023 | £201,166 | £199,000 | 18 BRIAN ROAD |
| 16 Feb 2023 | £244,835 | £245,000 | 92 HOLLY LANE |
| 27 Jan 2023 | £228,424 | £229,500 | 11 HEATHER ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 22 Nov 2018. Using an estimated price of £225,694 means this house is valued at £2,786 per sq meter (£258 per sq foot).
The average size of a house on HEATHER ROAD is 99 sq meters (1,068 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Heather Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Heather Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brian Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Brian Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brian Road |