£340,929
This estimated value is based upon the latest sale price for the house of £260,000 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £260,000 | 9 Dec 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 197 sq meters or 2,120 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 December 2016 the House Price Index for WEST MIDLANDS was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £260,000 results in an estimated price of approximately £340,929.
| 9 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £260,000 | £80,929 | £340,929 |
The Postcode Pricing Model uses changes in average sales price within the B20 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 | 63.310 % | £164,604 | £424,604 |
| 3 Month Average | -6.656 % | £-17,306 | £242,693 |
| 6 Month Average | 32.873 % | £85,470 | £345,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £365,410 | £360,000 | 8 SELBORNE ROAD |
| 1 Sep 2023 | £131,684 | £130,000 | FLAT 5 WOOD COURT, 30 HANDSWORTH WOOD ROAD |
| 20 Mar 2023 | £55,523 | £55,000 | FLAT 6 4 SELBORNE ROAD |
| 18 Aug 2022 | £198,466 | £199,000 | 198 WOOD LANE |
| 22 Apr 2022 | £190,513 | £185,000 | FLAT 1 16 SELBORNE ROAD |
This house has a floor area of 197 sq meters or 2,120 sq feet when measured on 10 May 2016. Using an estimated price of £340,929 means this house is valued at £1,730 per sq meter (£160 per sq foot).
The average size of a house on HANDSWORTH WOOD ROAD is 151 sq meters (1,626 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Wood Court | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wood Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wood Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wood Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wood Court |