£272,567
This estimated value is based upon the latest sale price for the house of £270,000 on 31 Mar 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£270,000 | 31 Mar 2023 |
£175,000 | 1 Jul 2019 |
Semi-Detached |
Freehold |
Floor Area: 135 sq meters or 1,453 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 March 2023 the House Price Index for WEST MIDLANDS was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £270,000 results in an estimated price of approximately £272,567.
31 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 148.6 | 0.951 % | £270,000 | £2,567 | £272,567 |
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 | 7.391 % | £19,954 | £289,954 |
3 Month Average | -14.842 % | £-40,072 | £229,927 |
6 Month Average | -11.001 % | £-29,701 | £240,298 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £272,568 | £270,000 | 197 OLTON BOULEVARD WEST |
2 Feb 2022 | £293,634 | £280,000 | 7 NEW IMPERIAL CRESCENT |
14 Jan 2022 | £124,184 | £118,000 | 319 REDDINGS LANE |
14 Apr 2021 | £125,339 | £111,000 | 331 REDDINGS LANE |
29 Oct 2020 | £252,213 | £215,000 | 26 EXEL DRIVE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 12 Aug 2015. Using an estimated price of £272,568 means this house is valued at £2,019 per sq meter (£187 per sq foot).
The average size of a house on OLTON BOULEVARD WEST is 101 sq meters (1,096 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Imperial Crescent |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Imperial Crescent |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near New Imperial Crescent |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near New Imperial Crescent |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Exel Drive |