£254,457
This estimated value is based upon the latest sale price for the house of £187,000 on 15 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£187,000 | 15 Mar 2016 |
Terraced |
Freehold |
Floor Area: 159 sq meters or 1,711 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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £187,000 results in an estimated price of approximately £254,457.
15 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £187,000 | £67,457 | £254,457 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 30.005 % | £56,109 | £243,109 |
3 Month Average | 22.503 % | £42,079 | £229,079 |
6 Month Average | 48.331 % | £90,378 | £277,378 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £247,146 | £245,000 | 307 ROTTON PARK ROAD |
10 Apr 2024 | £216,883 | £215,000 | 310 ROTTON PARK ROAD |
17 Mar 2023 | £395,708 | £389,100 | 366 ROTTON PARK ROAD |
6 Jan 2023 | £248,664 | £248,000 | 346 ROTTON PARK ROAD |
3 Nov 2022 | £258,790 | £260,000 | 57 CAVENDISH ROAD |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 27 Mar 2017. Using an estimated price of £254,458 means this house is valued at £1,600 per sq meter (£148 per sq foot).
The average size of a house on ROTTON PARK ROAD is 134 sq meters (1,444 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkside |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkside |
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parkside |
Sep 2024 | Anti-social behaviour | On or near Parkside | |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkside |