£174,211
This estimated value is based upon the latest sale price for the house of £115,500 on 12 Nov 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,500 | 12 Nov 2014 |
| £47,450 | 16 Jan 1998 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 November 2014 the House Price Index for WEST MIDLANDS was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £115,500 results in an estimated price of approximately £174,211.
| 12 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £115,500 | £58,711 | £174,211 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 49.404 % | £57,061 | £172,561 |
| 3 Month Average | 69.681 % | £80,481 | £195,981 |
| 6 Month Average | 59.230 % | £68,411 | £183,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £199,532 | £195,000 | 9 REGINALD ROAD |
| 18 Sep 2023 | £235,696 | £230,500 | 20 RAWLINGS ROAD |
| 9 Aug 2023 | £180,251 | £177,000 | 62 REGINALD ROAD |
| 25 Mar 2022 | £195,737 | £187,500 | 28 RAWLINGS ROAD |
| 1 Dec 2021 | £147,865 | £137,000 | 14 RAWLINGS ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 16 Jan 2014. Using an estimated price of £174,212 means this house is valued at £2,150 per sq meter (£199 per sq foot).
The average size of a house on REGINALD ROAD is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rawlings Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rawlings Road |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rawlings Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rawlings Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rawlings Road |