£188,523
This estimated value is based upon the latest sale price for the house of £125,000 on 31 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 31 Oct 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 October 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £125,000 results in an estimated price of approximately £188,523.
| 31 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £125,000 | £63,523 | £188,523 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 188.175 % | £235,218 | £360,218 |
| 3 Month Average | 77.080 % | £96,350 | £221,350 |
| 6 Month Average | 58.977 % | £73,720 | £198,720 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £164,742 | £161,000 | 27 SURREY CRESCENT |
| 5 Oct 2023 | £133,021 | £130,000 | 18 TAME CROSSING |
| 1 Sep 2023 | £170,764 | £167,000 | 54 HAMPSHIRE ROAD |
| 15 Jun 2023 | £96,943 | £95,000 | 25 TAME CROSSING |
| 24 Apr 2023 | £122,287 | £120,000 | 21 TAME CROSSING |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 31 Aug 2016. Using an estimated price of £188,524 means this house is valued at £2,299 per sq meter (£213 per sq foot).
The average size of a house on HAMPSHIRE ROAD is 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Surrey Crescent |
| May 2024 | Anti-social behaviour | On or near Tame Crossing | |
| May 2024 | Anti-social behaviour | On or near Tame Crossing | |
| May 2024 | Anti-social behaviour | On or near Tame Crossing | |
| May 2024 | Anti-social behaviour | On or near Tame Crossing |