£277,793
This estimated value is based upon the latest sale price for the house of £270,000 on 7 Jul 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £270,000 | 7 Jul 2023 |
| £200,000 | 13 Sep 2017 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2023 the House Price Index for WEST MIDLANDS was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £270,000 results in an estimated price of approximately £277,793.
| 7 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £270,000 | £7,793 | £277,793 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 0.880 % | £2,375 | £272,375 |
| 3 Month Average | -0.038 % | £-101 | £269,898 |
| 6 Month Average | 6.199 % | £16,737 | £286,737 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £361,096 | £350,000 | 46 CRANES PARK ROAD |
| 24 Aug 2023 | £270,377 | £265,500 | 29 SHAFTSBURY ROAD |
| 28 Apr 2023 | £71,334 | £70,000 | 75 CRANES PARK ROAD |
| 20 Feb 2023 | £276,849 | £275,000 | 36 FOREST HILL ROAD |
| 31 Oct 2022 | £146,511 | £147,000 | 114 RECTORY PARK ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 12 May 2017.
The average size of a house on FOREST HILL ROAD is 94 sq meters (1,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Forest Hill Road | |
| Oct 2024 | Anti-social behaviour | On or near Forest Hill Road | |
| Sep 2024 | Anti-social behaviour | On or near Forest Hill Road | |
| Sep 2024 | Anti-social behaviour | On or near Forest Hill Road | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Forest Hill Road |