£167,664
This estimated value is based upon the latest sale price for the house of £97,000 on 12 Aug 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £97,000 | 12 Aug 2011 |
| £125,000 | 2 Feb 2007 |
| £58,500 | 1 Feb 2002 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 842 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 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £97,000 results in an estimated price of approximately £167,664.
| 12 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £97,000 | £70,664 | £167,664 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | 121.366 % | £117,725 | £214,725 |
| 3 Month Average | 75.033 % | £72,782 | £169,782 |
| 6 Month Average | 69.353 % | £67,272 | £164,272 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £352,241 | £347,500 | 165 WILLOW AVENUE |
| 19 Aug 2022 | £189,490 | £190,000 | 198 MERRIVALE ROAD |
| 27 Jun 2022 | £198,051 | £195,252 | 244 MERRIVALE ROAD |
| 28 Apr 2022 | £166,827 | £162,000 | 230 MERRIVALE ROAD |
| 11 Nov 2021 | £192,509 | £178,000 | 61 MARLBOROUGH ROAD |
This house has a floor area of 78 sq meters or 842 sq feet when measured on 30 Jun 2011. Using an estimated price of £167,665 means this house is valued at £2,142 per sq meter (£199 per sq foot).
The average size of a house on MERRIVALE ROAD is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Merrivale Road |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Merrivale Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Talbot Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Talbot Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Linden Road |