£500,116
This estimated value is based upon the latest sale price for the house of £372,870 on 25 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £372,870 | 25 Aug 2016 |
| £285,000 | 5 Dec 2013 |
| £185,000 | 25 May 2001 |
| £155,000 | 29 Feb 2000 |
| £87,000 | 24 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 186 sq meters or 2,002 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 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £372,870 results in an estimated price of approximately £500,116.
| 25 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £372,870 | £127,246 | £500,116 |
The Postcode Pricing Model uses changes in average sales price within the B13 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 | -9.194 % | £-34,281 | £338,588 |
| 3 Month Average | 6.513 % | £24,286 | £397,156 |
| 6 Month Average | 16.143 % | £60,191 | £433,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £345,305 | £340,000 | 44 CHURCH ROAD |
| 28 Feb 2023 | £167,116 | £166,000 | FLAT 4 COPPICE HOUSE, 11 COPPICE ROAD |
| 18 Nov 2022 | £109,488 | £110,000 | FLAT 6 WILLOW COURT, 9 COPPICE ROAD |
| 8 Aug 2022 | £442,067 | £440,000 | 54 QUEENSWOOD ROAD |
| 24 Feb 2022 | £554,640 | £525,000 | 22 QUEENSWOOD ROAD |
This house has a floor area of 186 sq meters or 2,002 sq feet when measured on 16 Apr 2013. Using an estimated price of £500,117 means this house is valued at £2,688 per sq meter (£249 per sq foot).
The average size of a house on QUEENSWOOD ROAD is 184 sq meters (1,985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queenswood Road |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Queenswood Road |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Queenswood Road |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Queenswood Road |
| Jul 2024 | Anti-social behaviour | On or near Queenswood Road |