£607,009
This estimated value is based upon the latest sale price for the house of £525,000 on 1 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £525,000 | 1 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £525,000 results in an estimated price of approximately £607,009.
| 1 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £525,000 | £82,009 | £607,009 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 6.559 % | £34,433 | £559,433 |
| 3 Month Average | 0.375 % | £1,968 | £526,968 |
| 6 Month Average | -2.884 % | £-15,140 | £509,859 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £494,292 | £490,000 | 110 HALTON ROAD |
| 14 Dec 2023 | £693,820 | £672,500 | 191 MONMOUTH DRIVE |
| 13 Nov 2023 | £502,762 | £490,000 | 78 DENHOLM ROAD |
| 7 Aug 2023 | £437,898 | £430,000 | 114 HALTON ROAD |
| 27 Jun 2023 | £964,325 | £945,000 | 231 MONMOUTH DRIVE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 11 Aug 2020. Using an estimated price of £607,010 means this house is valued at £5,419 per sq meter (£503 per sq foot).
The average size of a house on MONMOUTH DRIVE is 156 sq meters (1,683 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Monmouth Drive |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Monmouth Drive |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Denholm Road |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Denholm Road |
| Sep 2024 | Public order | Awaiting court outcome | On or near Denholm Road |