£162,085
This estimated value is based upon the latest sale price for the house of £87,000 on 25 May 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £87,000 | 25 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 May 2005 the House Price Index for WEST MIDLANDS was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £87,000 results in an estimated price of approximately £162,085.
| 25 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.305 % | £87,000 | £75,085 | £162,085 |
The Postcode Pricing Model uses changes in average sales price within the B8 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 | 69.635 % | £60,582 | £147,582 |
| 3 Month Average | 68.496 % | £59,591 | £146,591 |
| 6 Month Average | 64.253 % | £55,899 | £142,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Dec 2021 | £93,900 | £87,000 | 24 PHILLIMORE ROAD |
| 5 Nov 2021 | £132,921 | £122,000 | 2 WRIGHT ROAD |
| 5 Mar 2021 | £149,700 | £133,500 | 103 HAVELOCK ROAD |
| 6 Feb 2020 | £24,651 | £20,000 | 108 - 110 ALUM ROCK ROAD |
| 15 Feb 2019 | £124,441 | £100,000 | 120 HAVELOCK ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 30 Mar 2016. Using an estimated price of £162,085 means this house is valued at £1,761 per sq meter (£163 per sq foot).
The average size of a house on WRIGHT ROAD is 79 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Havelock Road |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Havelock Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Havelock Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Havelock Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Phillimore Road |