£433,450
This estimated value is based upon the latest sale price for the house of £415,000 on 3 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £415,000 | 3 Feb 2022 |
| £246,000 | 3 Oct 2013 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 February 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £415,000 results in an estimated price of approximately £433,450.
| 3 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £415,000 | £18,450 | £433,450 |
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 | 25.981 % | £107,822 | £522,822 |
| 3 Month Average | 11.872 % | £49,266 | £464,266 |
| 6 Month Average | 6.609 % | £27,426 | £442,426 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £504,545 | £495,000 | 37 DUNCHURCH CRESCENT |
| 7 Aug 2023 | £447,723 | £445,000 | 26 LAPWORTH DRIVE |
| 21 Jul 2023 | £242,292 | £240,000 | 52 WELSHMANS HILL |
| 18 Apr 2023 | £410,551 | £407,500 | 66 DUNCHURCH CRESCENT |
| 16 Feb 2022 | £449,118 | £430,000 | 354 CHESTER ROAD NORTH |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 29 May 2013. Using an estimated price of £433,451 means this house is valued at £3,940 per sq meter (£366 per sq foot).
The average size of a house on MILCOTE DRIVE is 132 sq meters (1,420 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Milcote Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jevons Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Jevons Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Lapworth Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lapworth Drive |