£186,930
This estimated value is based upon the latest sale price for the house of £151,700 on 1 May 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£151,700 | 1 May 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 462 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 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £151,700 results in an estimated price of approximately £186,930.
1 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.224 % | £151,700 | £35,230 | £186,930 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 93.866 % | £142,394 | £294,094 |
3 Month Average | 19.277 % | £29,243 | £180,943 |
6 Month Average | 17.297 % | £26,239 | £177,939 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £191,857 | £187,500 | FLAT 33 WARWICK HOUSE, 737 WARWICK ROAD |
29 Mar 2023 | £175,430 | £172,500 | FLAT 8 WARWICK HOUSE, 737 WARWICK ROAD |
21 Nov 2022 | £293,627 | £295,000 | APARTMENT 50 18 UNION ROAD |
14 Nov 2022 | £93,563 | £94,000 | APARTMENT 12 18 UNION ROAD |
1 Apr 2022 | £199,704 | £192,500 | APARTMENT 52 18 UNION ROAD |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 4 Nov 2019. Using an estimated price of £186,930 means this house is valued at £4,347 per sq meter (£403 per sq foot).
The average size of a house on UNION ROAD is 63 sq meters (679 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Union Road |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Union Road |
Jun 2024 | Anti-social behaviour | On or near Union Road | |
Jun 2024 | Anti-social behaviour | On or near Union Road | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hospital |