£314,137
This estimated value is based upon the latest sale price for the house of £255,000 on 24 Aug 2018. 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 Rangoon Road
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| Price Paid | Date |
|---|---|
| £255,000 | 24 Aug 2018 |
| £178,000 | 26 Mar 2014 |
| £178,000 | 26 Mar 2014 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £255,000 results in an estimated price of approximately £314,137.
| 24 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £255,000 | £59,137 | £314,137 |
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 | -3.094 % | £-7,889 | £247,110 |
| 3 Month Average | -8.684 % | £-22,143 | £232,856 |
| 6 Month Average | 14.999 % | £38,247 | £293,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £300,689 | £295,000 | 2575 COVENTRY ROAD |
| 10 Nov 2023 | £273,511 | £270,000 | 28 GOODWAY ROAD |
| 24 Mar 2023 | £253,370 | £252,000 | 27 IRVING ROAD |
| 27 Jan 2023 | £188,346 | £190,000 | 2513 COVENTRY ROAD |
| 24 Jun 2022 | £232,355 | £230,000 | 2493 COVENTRY ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 31 Jan 2018. Using an estimated price of £314,137 means this house is valued at £3,878 per sq meter (£360 per sq foot).
The average size of a house on IRVING ROAD is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Awaiting court outcome | On or near Rangoon Road |
| Mar 2024 | Anti-social behaviour | On or near Rangoon Road | |
| Mar 2024 | Anti-social behaviour | On or near Rangoon Road | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rangoon Road |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Rangoon Road |