£115,356
This estimated value is based upon the latest sale price for the house of £110,000 on 2 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 2 Feb 2022 |
| £65,000 | 16 Dec 2009 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 February 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £110,000 results in an estimated price of approximately £115,356.
| 2 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £110,000 | £5,356 | £115,356 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | -4.227 % | £-4,649 | £105,350 |
| 3 Month Average | -0.347 % | £-382 | £109,617 |
| 6 Month Average | 7.908 % | £8,698 | £118,698 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £126,878 | £125,000 | 33 GREEN LANE |
| 13 Jun 2023 | £210,044 | £207,500 | 34B GREEN LANE |
| 4 Apr 2023 | £80,871 | £80,000 | 67 LONG LANE |
| 4 Apr 2023 | £166,796 | £165,000 | 37 GREEN LANE |
| 24 Mar 2023 | £217,045 | £215,000 | 34C GREEN LANE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 21 Aug 2021. Using an estimated price of £115,356 means this house is valued at £1,498 per sq meter (£139 per sq foot).
The average size of a house on CLEMENT ROAD is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Clement Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Clement Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Clement Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Clement Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Clement Road |