£68,183
This estimated value is based upon the latest sale price for the house of £67,500 on 13 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £67,500 | 13 Jul 2022 |
| £58,000 | 28 Apr 2022 |
| £70,000 | 27 Jan 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2022 the House Price Index for WEST MIDLANDS was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £67,500 results in an estimated price of approximately £68,183.
| 13 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £67,500 | £683 | £68,183 |
The Postcode Pricing Model uses changes in average sales price within the B43 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 | 11.738 % | £7,923 | £75,423 |
| 3 Month Average | 7.005 % | £4,728 | £72,228 |
| 6 Month Average | 5.187 % | £3,501 | £71,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £136,185 | £132,000 | 923 WALSALL ROAD |
| 31 Mar 2023 | £125,089 | £123,000 | 25 READERS WALK |
| 22 Aug 2022 | £251,174 | £250,000 | 19 BEECHWOOD ROAD |
| 22 Jul 2022 | £156,569 | £155,000 | 20 READERS WALK |
| 13 Jul 2022 | £68,183 | £67,500 | 23 READERS WALK |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 9 May 2012. Using an estimated price of £68,183 means this house is valued at £1,286 per sq meter (£119 per sq foot).
The average size of a house on READERS WALK is 53 sq meters (578 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near A4041 |
| Sep 2024 | Anti-social behaviour | On or near A4041 | |
| Sep 2024 | Robbery | Investigation complete; no suspect identified | On or near A4041 |
| Sep 2024 | Other theft | Under investigation | On or near A4041 |
| Sep 2024 | Anti-social behaviour | On or near A4041 |