£199,403
This estimated value is based upon the latest sale price for the house of £157,000 on 29 Aug 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £157,000 | 29 Aug 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 August 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £157,000 results in an estimated price of approximately £199,403.
| 29 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £157,000 | £42,403 | £199,403 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 15.549 % | £24,412 | £181,412 |
| 3 Month Average | 30.607 % | £48,052 | £205,052 |
| 6 Month Average | 19.543 % | £30,683 | £187,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £128,401 | £126,500 | 55 IVYFIELD ROAD |
| 5 Aug 2022 | £249,329 | £250,000 | 38 FARRINGTON ROAD |
| 12 May 2022 | £104,468 | £102,500 | 106 IVYFIELD ROAD |
| 28 Feb 2022 | £228,615 | £218,000 | 17 FARRINGTON ROAD |
| 31 Jan 2022 | £76,300 | £72,500 | 134 IVYFIELD ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 8 Mar 2016. Using an estimated price of £199,404 means this house is valued at £2,055 per sq meter (£190 per sq foot).
The average size of a house on BRAEMAR DRIVE is 88 sq meters (952 sq feet).
This house is the largest in the street with a floor area of 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Braemar Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Braemar Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farrington Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farrington Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Farrington Road |