£224,498
This estimated value is based upon the latest sale price for the house of £220,000 on 29 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £220,000 | 29 Jun 2023 |
| £105,000 | 17 May 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 778 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 June 2023 the House Price Index for WEST MIDLANDS was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £220,000 results in an estimated price of approximately £224,498.
| 29 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £220,000 | £4,498 | £224,498 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | -13.424 % | £-29,533 | £190,466 |
| 3 Month Average | 8.934 % | £19,654 | £239,654 |
| 6 Month Average | 0.035 % | £77 | £220,077 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £216,883 | £215,000 | 246 LONDONDERRY LANE |
| 18 Aug 2023 | £208,765 | £205,000 | 3 FRANCIS ROAD |
| 29 Jun 2023 | £224,499 | £220,000 | 28 MILTON ROAD |
| 21 Jun 2023 | £234,703 | £230,000 | 232 LONDONDERRY LANE |
| 28 Apr 2023 | £214,003 | £210,000 | 206 LONDONDERRY LANE |
This house has a floor area of 72 sq meters or 778 sq feet when measured on 3 Feb 2010. Using an estimated price of £224,499 means this house is valued at £3,105 per sq meter (£288 per sq foot).
The average size of a house on MILTON ROAD is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Milton Road |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Milton Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shakespeare Road |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Francis Road |