£454,150
This estimated value is based upon the latest sale price for the house of £98,500 on 2 Jul 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £98,500 | 2 Jul 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 July 1998 the House Price Index for WEST MIDLANDS was 31.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 361.066%.Applying this 361.066% change to the original purchase price of £98,500 results in an estimated price of approximately £454,150.
| 2 Jul 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 146.7 | 361.066 % | £98,500 | £355,650 | £454,150 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | 242.834 % | £239,191 | £337,691 |
| 3 Month Average | 264.440 % | £260,473 | £358,973 |
| 6 Month Average | 273.499 % | £269,396 | £367,896 |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 25 Apr 2017.
The average size of a house on SPRINGFIELD ROAD is 101 sq meters (1,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Robbery | Local resolution | On or near Springfield Road |
| Mar 2024 | Burglary | Under investigation | On or near Petrol Station |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Anti-social behaviour | On or near Petrol Station |