£216,683
This estimated value is based upon the latest sale price for the house of £72,000 on 26 Apr 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £72,000 | 26 Apr 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2002 the House Price Index for WEST MIDLANDS was 49.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 200.950%.Applying this 200.950% change to the original purchase price of £72,000 results in an estimated price of approximately £216,683.
| 26 Apr 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 149.7 | 200.950 % | £72,000 | £144,683 | £216,683 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 334.695 % | £240,980 | £312,980 |
| 3 Month Average | 200.656 % | £144,472 | £216,472 |
| 6 Month Average | 193.811 % | £139,543 | £211,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £276,496 | £268,000 | 70 EDWIN PHILLIPS DRIVE |
| 22 Mar 2023 | £223,736 | £220,000 | 61 COLES LANE |
| 6 Jul 2022 | £262,632 | £260,000 | 69 EDWIN PHILLIPS DRIVE |
| 29 Oct 2021 | £222,934 | £200,000 | 11 LEACROFT GROVE |
| 30 Jul 2021 | £178,297 | £154,000 | 14 EDWIN PHILLIPS DRIVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 8 Apr 2015. Using an estimated price of £216,684 means this house is valued at £3,333 per sq meter (£309 per sq foot).
The average size of a house on EDWIN PHILLIPS DRIVE is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edwin Phillips Drive |
| Apr 2024 | Anti-social behaviour | On or near Edwin Phillips Drive | |
| Apr 2024 | Anti-social behaviour | On or near Edwin Phillips Drive | |
| Apr 2024 | Anti-social behaviour | On or near Edwin Phillips Drive | |
| Apr 2024 | Anti-social behaviour | On or near Edwin Phillips Drive |