£151,914
This estimated value is based upon the latest sale price for the house of £129,500 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£129,500 | 30 Oct 2020 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £129,500 results in an estimated price of approximately £151,914.
30 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £129,500 | £22,414 | £151,914 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | -14.425 % | £-18,680 | £110,819 |
3 Month Average | 22.093 % | £28,609 | £158,109 |
6 Month Average | 24.187 % | £31,322 | £160,822 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £228,070 | £225,000 | 5 INVERNESS ROAD |
20 Apr 2023 | £171,850 | £170,000 | 50 CHEVERTON ROAD |
20 Apr 2023 | £189,541 | £187,500 | 11 HONEYCOMB WAY |
14 Apr 2023 | £225,427 | £223,000 | 17 KELBY CLOSE |
17 Oct 2022 | £89,041 | £90,000 | 20 HONEYCOMB WAY |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 19 Aug 2020. Using an estimated price of £151,914 means this house is valued at £2,025 per sq meter (£188 per sq foot).
The average size of a house on KELBY ROAD is 88 sq meters (948 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Kelby Road |
Feb 2024 | Possession of weapons | Under investigation | On or near Kelby Road |
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Kelby Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kelby Close |
Dec 2023 | Other theft | Under investigation | On or near Cheverton Road |