£154,012
This estimated value is based upon the latest sale price for the house of £150,000 on 20 May 2022. 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 May 2022 |
| £122,000 | 16 May 2008 |
| £86,000 | 8 Jan 2004 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 725 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 2022 the House Price Index for WEST MIDLANDS was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £150,000 results in an estimated price of approximately £154,012.
| 20 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £150,000 | £4,012 | £154,012 |
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 | -49.826 % | £-74,738 | £75,261 |
| 3 Month Average | 13.152 % | £19,727 | £169,727 |
| 6 Month Average | -0.157 % | £-235 | £149,764 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £200,074 | £197,000 | 4 WATTIS ROAD |
| 21 Dec 2023 | £134,121 | £130,000 | 41 WATTIS ROAD |
| 6 Oct 2023 | £260,926 | £255,000 | 155 LIGHTWOODS ROAD |
| 28 Oct 2022 | £107,640 | £108,000 | 27 LIGHTWOODS ROAD |
| 22 Jul 2022 | £156,569 | £155,000 | 195 LIGHTWOODS ROAD |
This house has a floor area of 67 sq meters or 725 sq feet when measured on 22 Jan 2010. Using an estimated price of £154,012 means this house is valued at £2,286 per sq meter (£212 per sq foot).
The average size of a house on WATTIS ROAD is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wattis Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wattis Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wattis Road |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wattis Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wattis Road |