£242,676
This estimated value is based upon the latest sale price for the house of £197,500 on 13 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £197,500 | 13 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 January 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £197,500 results in an estimated price of approximately £242,676.
| 13 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £197,500 | £45,176 | £242,676 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 48.806 % | £96,392 | £293,892 |
| 3 Month Average | 10.040 % | £19,829 | £217,329 |
| 6 Month Average | 4.230 % | £8,353 | £205,853 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £452,474 | £442,500 | 16 DURSLEY CLOSE |
| 23 Jun 2023 | £530,634 | £520,000 | 27 FAULKNER ROAD |
| 9 Jun 2023 | £561,247 | £550,000 | 35 FAULKNER ROAD |
| 18 Apr 2023 | £382,148 | £375,000 | 20 HIGHWOOD AVENUE |
| 29 Jun 2022 | £229,915 | £225,000 | 34 CRANHILL CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 3 Jan 2019. Using an estimated price of £242,677 means this house is valued at £2,666 per sq meter (£247 per sq foot).
The average size of a house on RODNEY ROAD is 117 sq meters (1,261 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Theft from the person | Unable to prosecute suspect | On or near Berwood Grove |
| May 2024 | Vehicle crime | Local resolution | On or near Berwood Grove |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Trinity Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Trinity Close |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Trinity Close |