£488,651
This estimated value is based upon the latest sale price for the house of £262,500 on 23 Dec 2004. 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 Selly Oak
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| Price Paid | Date |
|---|---|
| £262,500 | 23 Dec 2004 |
| £57,500 | 5 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 889 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 2004 the House Price Index for WEST MIDLANDS was 78.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 86.153%.Applying this 86.153% change to the original purchase price of £262,500 results in an estimated price of approximately £488,651.
| 23 Dec 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 146.7 | 86.153 % | £262,500 | £226,151 | £488,651 |
The Postcode Pricing Model uses changes in average sales price within the B29 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 | 93.361 % | £245,073 | £507,573 |
| 3 Month Average | 80.615 % | £211,615 | £474,115 |
| 6 Month Average | 98.962 % | £259,776 | £522,276 |
This house has a floor area of 82 sq meters or 889 sq feet when measured on 3 Apr 2010.
The average size of a house on HEELEY ROAD is 101 sq meters (1,092 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Selly Oak |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Selly Oak |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Selly Oak |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Selly Oak |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Selly Oak |