£382,271
This estimated value is based upon the latest sale price for the house of £303,995 on 18 Apr 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £303,995 | 18 Apr 2018 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 April 2018 the House Price Index for WEST MIDLANDS was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £303,995 results in an estimated price of approximately £382,271.
| 18 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £303,995 | £78,276 | £382,271 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | -5.537 % | £-16,833 | £287,161 |
| 3 Month Average | 3.914 % | £11,898 | £315,893 |
| 6 Month Average | 32.057 % | £97,451 | £401,446 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £255,061 | £249,950 | 8 ASHES LANE |
| 15 Mar 2022 | £246,544 | £236,168 | 11 WICKET DRIVE |
| 5 Jan 2022 | £392,273 | £370,000 | 6 HALLEWELL ROAD |
| 9 Dec 2021 | £310,301 | £287,500 | 202 ROTTON PARK ROAD |
| 30 Jun 2021 | £308,047 | £285,000 | 207 ROTTON PARK ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 5 Apr 2018. Using an estimated price of £382,271 means this house is valued at £3,443 per sq meter (£319 per sq foot).
The average size of a house on ROTTON PARK ROAD is 134 sq meters (1,444 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Ashes Lane |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ashes Lane |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Hallewell Road |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hallewell Road |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hallewell Road |