£207,420
This estimated value is based upon the latest sale price for the house of £120,000 on 25 Aug 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 25 Aug 2011 |
| £20,000 | 5 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 August 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £120,000 results in an estimated price of approximately £207,420.
| 25 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £120,000 | £87,420 | £207,420 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | 45.574 % | £54,689 | £174,689 |
| 3 Month Average | 69.005 % | £82,806 | £202,806 |
| 6 Month Average | 81.657 % | £97,988 | £217,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £305,000 | £305,000 | 49 MOAT ROAD |
| 1 Mar 2024 | £375,000 | £375,000 | 19 JOININGS BANK |
| 15 Dec 2023 | £223,918 | £220,000 | 19 MOAT ROAD |
| 22 Sep 2023 | £389,987 | £385,001 | 53 BLOXCIDGE STREET |
| 29 Aug 2023 | £199,747 | £198,000 | 10 MOAT ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 18 Oct 2012. Using an estimated price of £207,420 means this house is valued at £1,772 per sq meter (£164 per sq foot).
The average size of a house on JOININGS BANK is 129 sq meters (1,396 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near B4169 |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near B4169 |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B4169 |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Joinings Bank |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Joinings Bank |