£64,370
This estimated value is based upon the latest sale price for the house of £43,000 on 23 Jan 2015. 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 Conifer Drive
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Price Paid | Date |
---|---|
£43,000 | 23 Jan 2015 |
Terraced |
Leasehold |
Floor Area: 72 sq meters or 775 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 January 2015 the House Price Index for WEST MIDLANDS was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £43,000 results in an estimated price of approximately £64,370.
23 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 149.7 | 49.700 % | £43,000 | £21,370 | £64,370 |
The Postcode Pricing Model uses changes in average sales price within the B21 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 | 73.923 % | £31,787 | £74,787 |
3 Month Average | 79.915 % | £34,363 | £77,363 |
6 Month Average | 87.117 % | £37,460 | £80,460 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Oct 2024 | £100,000 | £100,000 | 261 NINEVEH ROAD |
28 Mar 2024 | £142,185 | £140,000 | 89 HANDSWORTH NEW ROAD |
6 Mar 2024 | £166,559 | £164,000 | 43 TEW PARK ROAD |
15 Dec 2023 | £247,609 | £240,000 | 20 REYNOLDS ROAD |
17 Apr 2023 | £152,859 | £150,000 | UNIT 22 GREAT WESTERN INDUSTRIAL ESTATE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 15 Apr 2014. Using an estimated price of £64,371 means this house is valued at £894 per sq meter (£83 per sq foot).
The average size of a house on NINEVEH ROAD is 81 sq meters (876 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Public order | Under investigation | On or near Conifer Drive |
Oct 2024 | Burglary | Under investigation | On or near Conifer Drive |
Oct 2024 | Possession of weapons | Under investigation | On or near Conifer Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Conifer Drive |
Sep 2024 | Violence and sexual offences | Local resolution | On or near Conifer Drive |