£302,300
This estimated value is based upon the latest sale price for the house of £250,000 on 30 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £250,000 | 30 Jul 2020 |
| £107,000 | 16 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 July 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £250,000 results in an estimated price of approximately £302,300.
| 30 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £250,000 | £52,300 | £302,300 |
The Postcode Pricing Model uses changes in average sales price within the B11 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 | 3.767 % | £9,416 | £259,416 |
| 3 Month Average | -2.234 % | £-5,584 | £244,415 |
| 6 Month Average | -3.539 % | £-8,846 | £241,153 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £223,306 | £220,000 | 25 ADRIA ROAD |
| 24 Nov 2022 | £237,128 | £240,000 | 73 ADRIA ROAD |
| 24 Oct 2022 | £445,206 | £450,000 | 66 YARDLEY WOOD ROAD |
| 31 May 2022 | £280,281 | £275,000 | 71 ADRIA ROAD |
| 16 Dec 2021 | £344,983 | £322,000 | 85 DORIS ROAD |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 16 Jun 2020. Using an estimated price of £302,301 means this house is valued at £2,190 per sq meter (£203 per sq foot).
The average size of a house on PHIPSON ROAD is 152 sq meters (1,640 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Phipson Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Phipson Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Croome Close |
| Jan 2024 | Drugs | Local resolution | On or near Croome Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Adria Road |