£390,804
This estimated value is based upon the latest sale price for the house of £360,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £360,000 | 30 Sep 2021 |
| £206,000 | 10 Jul 2015 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £360,000 results in an estimated price of approximately £390,804.
| 30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £360,000 | £30,804 | £390,804 |
The Postcode Pricing Model uses changes in average sales price within the B75 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 | -4.270 % | £-15,372 | £344,627 |
| 3 Month Average | 22.340 % | £80,425 | £440,425 |
| 6 Month Average | 12.663 % | £45,585 | £405,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2024 | £300,000 | £300,000 | 14 NUTHURST |
| 12 Apr 2024 | £221,927 | £220,000 | 63 FOWLER ROAD |
| 19 Mar 2024 | £340,989 | £335,750 | 3 HOLBECHE ROAD |
| 19 Dec 2023 | £276,496 | £268,000 | 31 FOWLER ROAD |
| 28 Sep 2023 | £313,920 | £307,000 | 190 REDDICAP HEATH ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 24 Aug 2021. Using an estimated price of £390,805 means this house is valued at £3,458 per sq meter (£321 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 79 sq meters (860 sq feet).
This house is the largest in the street with a floor area of 113 sq meters (1,216 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Anvil Place | |
| Sep 2024 | Anti-social behaviour | On or near Anvil Place | |
| Sep 2024 | Anti-social behaviour | On or near Anvil Place | |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Anvil Place |
| Oct 2024 | Other theft | Under investigation | On or near Petrol Station |