£189,048
This estimated value is based upon the latest sale price for the house of £67,500 on 10 Jul 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £67,500 | 10 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2002 the House Price Index for WEST MIDLANDS was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £67,500 results in an estimated price of approximately £189,048.
| 10 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.6 | 180.072 % | £67,500 | £121,548 | £189,048 |
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 | 117.143 % | £79,071 | £146,571 |
| 3 Month Average | 142.360 % | £96,092 | £163,592 |
| 6 Month Average | 155.020 % | £104,638 | £172,138 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £293,756 | £290,000 | 36 MEDLEY ROAD |
| 31 Aug 2023 | £173,518 | £172,000 | 50 MEDLEY ROAD |
| 30 Sep 2022 | £183,518 | £185,000 | 198 WARWICK ROAD |
| 18 Aug 2022 | £153,587 | £154,000 | 23 FRASER ROAD |
| 30 Jun 2021 | £148,064 | £138,000 | 52 FRASER ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 29 Jun 2020. Using an estimated price of £189,049 means this house is valued at £2,589 per sq meter (£240 per sq foot).
The average size of a house on FRASER ROAD is 84 sq meters (911 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Under investigation | On or near Fraser Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fraser Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Fraser Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fraser Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fraser Road |