£265,886
This estimated value is based upon the latest sale price for the house of £215,000 on 12 Apr 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £215,000 | 12 Apr 2019 |
| £117,000 | 29 Nov 2013 |
| £108,000 | 23 Oct 2009 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 April 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £215,000 results in an estimated price of approximately £265,886.
| 12 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £215,000 | £50,886 | £265,886 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | -60.350 % | £-129,752 | £85,247 |
| 3 Month Average | 19.427 % | £41,767 | £256,767 |
| 6 Month Average | 34.523 % | £74,223 | £289,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £149,512 | £147,500 | APARTMENT 8 LADYWOOD COURT, 188A LICHFIELD ROAD |
| 4 Nov 2022 | £207,487 | £210,000 | 7 SPRINGFIELD STREET |
| 30 Jun 2022 | £227,211 | £224,000 | 17 SPRINGFIELD STREET |
| 21 Jan 2022 | £184,171 | £175,000 | 3 ASHTON CROFT |
| 12 Jan 2022 | £130,499 | £124,000 | 8 HOLY WELL CLOSE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 17 Feb 2020. Using an estimated price of £265,886 means this house is valued at £2,461 per sq meter (£228 per sq foot).
The average size of a house on RODNEY CLOSE is 105 sq meters (1,136 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Rodney Close | |
| Feb 2024 | Anti-social behaviour | On or near Rodney Close | |
| Jan 2024 | Other crime | Under investigation | On or near Rodney Close |
| Dec 2023 | Anti-social behaviour | On or near Rodney Close | |
| Dec 2023 | Anti-social behaviour | On or near Rodney Close |