£783,255
This estimated value is based upon the latest sale price for the house of £450,000 on 5 Sep 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£450,000 | 5 Sep 2011 |
£355,000 | 2 Nov 2009 |
Detached |
Freehold |
Floor Area: 165 sq meters or 1,776 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 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £450,000 results in an estimated price of approximately £783,255.
5 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.057 % | £450,000 | £333,255 | £783,255 |
The Postcode Pricing Model uses changes in average sales price within the B75 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 | 57.119 % | £257,033 | £707,033 |
3 Month Average | 85.850 % | £386,325 | £836,325 |
6 Month Average | 71.916 % | £323,620 | £773,620 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2024 | £378,285 | £375,000 | 162 BEDFORD ROAD |
9 Jun 2023 | £382,669 | £375,000 | 65 ASHFURLONG CRESCENT |
15 Mar 2023 | £457,643 | £450,000 | 170 BEDFORD ROAD |
29 Jun 2022 | £409,759 | £401,000 | 3 ASHFURLONG CRESCENT |
8 Jun 2022 | £439,392 | £430,000 | 16 WHITEHOUSE CRESCENT |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 27 Apr 2015. Using an estimated price of £783,256 means this house is valued at £4,747 per sq meter (£441 per sq foot).
The average size of a house on TAMWORTH ROAD is 148 sq meters (1,601 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hospital |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hospital |
Jul 2024 | Drugs | Unable to prosecute suspect | On or near Hospital |
Sep 2024 | Burglary | Unable to prosecute suspect | On or near Ashfurlong Crescent |
Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Ashfurlong Crescent |