£345,835
This estimated value is based upon the latest sale price for the house of £66,950 on 30 May 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £66,950 | 30 May 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 99 sq meters or 1,065 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 May 1997 the House Price Index for WEST MIDLANDS was 28.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 416.558%.Applying this 416.558% change to the original purchase price of £66,950 results in an estimated price of approximately £345,835.
| 30 May 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 148.6 | 416.558 % | £66,950 | £278,885 | £345,835 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | 81.991 % | £54,893 | £121,843 |
| 3 Month Average | 256.457 % | £171,697 | £238,647 |
| 6 Month Average | 259.710 % | £173,875 | £240,825 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £190,825 | £188,000 | 38 CRANWELL GROVE |
| 18 Aug 2023 | £332,912 | £330,000 | 7 BURCOTE ROAD |
| 14 Aug 2023 | £226,986 | £225,000 | 24 CRANWELL GROVE |
| 15 Nov 2022 | £291,469 | £295,000 | 9 BURCOTE ROAD |
| 4 Mar 2022 | £1,463 | £1,412 | 39 KIMBLE GROVE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 16 Sep 2015. Using an estimated price of £345,835 means this house is valued at £3,493 per sq meter (£324 per sq foot).
The average size of a house on BURCOTE ROAD is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burcote Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burcote Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burcote Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burcote Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burcote Road |