£329,942
This estimated value is based upon the latest sale price for the house of £270,000 on 30 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £270,000 | 30 Sep 2019 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £270,000 results in an estimated price of approximately £329,942.
| 30 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £270,000 | £59,942 | £329,942 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | 203.376 % | £549,116 | £819,116 |
| 3 Month Average | 53.582 % | £144,670 | £414,670 |
| 6 Month Average | 18.472 % | £49,875 | £319,875 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £230,459 | £227,500 | 14 HAWNBY GROVE |
| 3 Nov 2023 | £217,796 | £215,000 | 18 PAGET MEWS |
| 3 Mar 2023 | £152,826 | £152,000 | 6A PAGET MEWS |
| 15 Sep 2022 | £153,138 | £155,000 | 3 PAGET MEWS |
| 17 May 2022 | £4,010 | £3,950 | 15 PAGET MEWS |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 12 Dec 2018. Using an estimated price of £329,943 means this house is valued at £3,027 per sq meter (£281 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 101 sq meters (1,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ladbroke Drive |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ladbroke Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Braunston Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Danbury Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near The Willows |