£188,259
This estimated value is based upon the latest sale price for the house of £153,500 on 5 Nov 2019. 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 Anchorage Court
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| Price Paid | Date |
|---|---|
| £153,500 | 5 Nov 2019 |
| £133,500 | 14 Sep 2017 |
| £55,000 | 1 Feb 2002 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 November 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £153,500 results in an estimated price of approximately £188,259.
| 5 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £153,500 | £34,759 | £188,259 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 59.378 % | £91,144 | £244,644 |
| 3 Month Average | 23.958 % | £36,775 | £190,275 |
| 6 Month Average | 7.542 % | £11,577 | £165,077 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2023 | £167,251 | £165,000 | 43 MERE ROAD |
| 16 Jun 2023 | £627,602 | £620,000 | 9 ANCHORAGE ROAD |
| 3 Feb 2023 | £224,849 | £225,000 | 60 GLADSTONE ROAD |
| 4 Nov 2022 | £214,403 | £217,000 | 62 GLADSTONE ROAD |
| 14 Oct 2022 | £356,165 | £360,000 | 372 SLADE ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 24 Apr 2017. Using an estimated price of £188,259 means this house is valued at £2,189 per sq meter (£203 per sq foot).
The average size of a house on MERE ROAD is 111 sq meters (1,201 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anchorage Court |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anchorage Court |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anchorage Court |
| Feb 2024 | Drugs | Under investigation | On or near Anchorage Court |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Anchorage Court |