£310,346
This estimated value is based upon the latest sale price for the house of £180,000 on 20 Dec 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£180,000 | 20 Dec 2010 |
£57,000 | 1 Aug 2000 |
Terraced |
Freehold |
Floor Area: 110 sq meters or 1,186 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 2010 the House Price Index for WEST MIDLANDS was 86.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.415%.Applying this 72.415% change to the original purchase price of £180,000 results in an estimated price of approximately £310,346.
20 Dec 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.8 | 149.7 | 72.415 % | £180,000 | £130,346 | £310,346 |
The Postcode Pricing Model uses changes in average sales price within the B12 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 | 33.230 % | £59,813 | £239,813 |
3 Month Average | 16.742 % | £30,136 | £210,136 |
6 Month Average | 36.480 % | £65,663 | £245,663 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £185,706 | £180,000 | 2 HALLAM STREET |
27 Nov 2023 | £184,688 | £180,000 | 68 JAKEMAN ROAD |
31 Oct 2023 | £230,229 | £225,000 | 69 OAKFIELD ROAD |
16 Aug 2023 | £188,398 | £185,000 | 4 WILLOWS ROAD |
16 Aug 2023 | £188,398 | £185,000 | 2 WILLOWS ROAD |
This house has a floor area of 110 sq meters or 1,186 sq feet when measured on 27 Aug 2010. Using an estimated price of £310,347 means this house is valued at £2,816 per sq meter (£261 per sq foot).
The average size of a house on WILLOWS ROAD is 123 sq meters (1,324 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Jakeman Road |
Oct 2024 | Anti-social behaviour | On or near Jakeman Road | |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jakeman Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jakeman Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jakeman Road |