£171,706
This estimated value is based upon the latest sale price for the house of £142,000 on 27 Jul 2020. 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 Ardav Road
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| Price Paid | Date |
|---|---|
| £142,000 | 27 Jul 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 £142,000 results in an estimated price of approximately £171,706.
| 27 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £142,000 | £29,706 | £171,706 |
The Postcode Pricing Model uses changes in average sales price within the B70 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 | 7.189 % | £10,208 | £152,208 |
| 3 Month Average | 12.032 % | £17,084 | £159,084 |
| 6 Month Average | 22.846 % | £32,441 | £174,441 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £217,785 | £215,000 | 59 TUNNEL ROAD |
| 28 Jul 2023 | £152,046 | £150,000 | 31 LEMOX ROAD |
| 2 Jun 2023 | £268,249 | £265,000 | 44 TUNNEL ROAD |
| 24 Mar 2023 | £211,997 | £210,000 | 10 TAME STREET |
| 19 Aug 2022 | £235,366 | £236,000 | 6 ARDAV ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 6 Sep 2019. Using an estimated price of £171,707 means this house is valued at £2,320 per sq meter (£215 per sq foot).
The average size of a house on ARDAV ROAD is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Ardav Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Ardav Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ardav Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Emay Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Barrack Street |