£184,014
This estimated value is based upon the latest sale price for the house of £150,000 on 20 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 20 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £150,000 results in an estimated price of approximately £184,014.
| 20 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £150,000 | £34,014 | £184,014 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | -2.079 % | £-3,118 | £146,881 |
| 3 Month Average | 17.765 % | £26,648 | £176,648 |
| 6 Month Average | 17.849 % | £26,772 | £176,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £232,030 | £230,000 | J C M CONTRACTS LTD VICTORIA ROAD |
| 13 Jan 2023 | £174,180 | £175,000 | 109 OLIVE HILL ROAD |
| 6 Jan 2023 | £316,509 | £318,000 | 10 MAPLE ROAD |
| 9 Nov 2022 | £128,444 | £130,000 | 32 MAPLE ROAD |
| 26 May 2022 | £176,832 | £173,500 | ROSE COTTAGE MALT MILL LANE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 7 Nov 2014. Using an estimated price of £184,015 means this house is valued at £1,916 per sq meter (£178 per sq foot).
The average size of a house on MAPLE ROAD is 98 sq meters (1,058 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Maple Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maple Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Maple Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Maple Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Maple Road |