£279,664
This estimated value is based upon the latest sale price for the house of £163,000 on 13 Aug 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £163,000 | 13 Aug 2012 |
| £149,000 | 4 Apr 2008 |
| £45,000 | 30 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 August 2012 the House Price Index for WEST MIDLANDS was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £163,000 results in an estimated price of approximately £279,664.
| 13 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.573 % | £163,000 | £116,664 | £279,664 |
The Postcode Pricing Model uses changes in average sales price within the B11 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 | 8.607 % | £14,029 | £177,029 |
| 3 Month Average | 56.509 % | £92,109 | £255,109 |
| 6 Month Average | 69.516 % | £113,310 | £276,310 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £181,577 | £180,000 | 39 IVOR ROAD |
| 3 Nov 2023 | £176,480 | £172,000 | 24 BELVIDERE GARDENS |
| 28 Apr 2023 | £205,850 | £202,000 | 17 BELVIDERE GARDENS |
| 29 Jul 2022 | £7,071 | £7,000 | 492 STRATFORD ROAD |
| 30 Nov 2021 | £315,961 | £290,000 | 575 STRATFORD ROAD |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 16 Jul 2012. Using an estimated price of £279,664 means this house is valued at £1,737 per sq meter (£161 per sq foot).
The average size of a house on IVOR ROAD is 144 sq meters (1,550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Belvidere Gardens |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Belvidere Gardens |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Belvidere Gardens |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Belvidere Gardens |
| Oct 2024 | Robbery | Under investigation | On or near Belvidere Gardens |