£289,916
This estimated value is based upon the latest sale price for the house of £155,000 on 3 Mar 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£155,000 | 3 Mar 2009 |
£75,000 | 30 Jul 1997 |
Detached |
Freehold |
Floor Area: 65 sq meters or 710 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 2009 the House Price Index for WEST MIDLANDS was 80.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.043%.Applying this 87.043% change to the original purchase price of £155,000 results in an estimated price of approximately £289,916.
3 Mar 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.0 | 149.7 | 87.043 % | £155,000 | £134,916 | £289,916 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 74.071 % | £114,810 | £269,810 |
3 Month Average | 51.131 % | £79,253 | £234,253 |
6 Month Average | 53.361 % | £82,709 | £237,709 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £182,809 | £180,000 | 32 SHERIDAN STREET |
6 Oct 2023 | £163,718 | £160,000 | 56 ST CLEMENTS LANE |
6 Jul 2022 | £107,073 | £106,000 | 36 ST CLEMENTS LANE |
21 Mar 2022 | £93,954 | £90,000 | 24 ALBION FIELD DRIVE |
28 Jan 2022 | £92,767 | £87,500 | 38 ALBION FIELD DRIVE |
This house has a floor area of 65 sq meters or 710 sq feet when measured on 7 Nov 2008. Using an estimated price of £289,916 means this house is valued at £4,393 per sq meter (£408 per sq foot).
The average size of a house on SANDWELL ROAD NORTH is 74 sq meters (801 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Drugs | Local resolution | On or near Withers Way |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Withers Way |
Aug 2024 | Other theft | Unable to prosecute suspect | On or near Withers Way |
Aug 2024 | Drugs | Awaiting court outcome | On or near Withers Way |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Withers Way |