£165,447
This estimated value is based upon the latest sale price for the house of £140,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 16 Oct 2020 |
| £109,500 | 31 Mar 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 October 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £140,000 results in an estimated price of approximately £165,447.
| 16 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £140,000 | £25,447 | £165,447 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | -14.332 % | £-20,065 | £119,934 |
| 3 Month Average | 12.930 % | £18,102 | £158,102 |
| 6 Month Average | 24.745 % | £34,643 | £174,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Oct 2023 | £161,672 | £158,000 | 20 HOLFORD AVENUE |
| 14 Feb 2023 | £191,278 | £190,000 | 22 HOLFORD AVENUE |
| 24 Nov 2022 | £184,139 | £185,000 | 10 DICKINSON DRIVE |
| 11 Apr 2022 | £155,613 | £150,000 | 18 BRYAN ROAD |
| 25 Feb 2022 | £163,751 | £155,000 | 30 HOLFORD AVENUE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 24 Nov 2014. Using an estimated price of £165,447 means this house is valued at £2,121 per sq meter (£197 per sq foot).
The average size of a house on SMITH ROAD is 76 sq meters (825 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Smith Road |
| May 2024 | Shoplifting | Awaiting court outcome | On or near Smith Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dickinson Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Holford Avenue |
| Jul 2024 | Anti-social behaviour | On or near Petrol Station |