£360,954
This estimated value is based upon the latest sale price for the house of £272,500 on 7 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Monmouth Road
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| Price Paid | Date |
|---|---|
| £272,500 | 7 Oct 2016 |
| £94,000 | 27 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 October 2016 the House Price Index for WEST MIDLANDS was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £272,500 results in an estimated price of approximately £360,954.
| 7 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £272,500 | £88,454 | £360,954 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 33.250 % | £90,607 | £363,107 |
| 3 Month Average | 11.675 % | £31,815 | £304,315 |
| 6 Month Average | 27.835 % | £75,851 | £348,351 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £178,116 | £175,000 | 100 HAGLEY ROAD WEST |
| 26 Sep 2023 | £374,792 | £370,000 | 72 MONMOUTH ROAD |
| 25 Jul 2023 | £364,911 | £360,000 | 78 MONMOUTH ROAD |
| 15 Jul 2022 | £466,255 | £465,000 | 4 MONMOUTH ROAD |
| 22 Jun 2022 | £385,447 | £380,000 | 80 MONMOUTH ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 18 Feb 2016. Using an estimated price of £360,955 means this house is valued at £3,839 per sq meter (£356 per sq foot).
The average size of a house on DEVON ROAD is 108 sq meters (1,165 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Monmouth Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Monmouth Road |
| Mar 2024 | Robbery | Under investigation | On or near Beechwood Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Beechwood Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Beechwood Road |