£162,080
This estimated value is based upon the latest sale price for the house of £160,000 on 24 Nov 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 24 Nov 2023 |
| £85,000 | 7 Nov 2014 |
| £38,500 | 22 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 786 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 2023 the House Price Index for WEST MIDLANDS was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £160,000 results in an estimated price of approximately £162,080.
| 24 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £160,000 | £2,080 | £162,080 |
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 | 4.565 % | £7,304 | £167,304 |
| 3 Month Average | -3.519 % | £-5,630 | £154,369 |
| 6 Month Average | -7.530 % | £-12,048 | £147,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £162,081 | £160,000 | 297 QUEENS ROAD |
| 9 Mar 2023 | £242,310 | £241,000 | 207 QUEENS ROAD |
| 10 Jun 2022 | £219,222 | £217,000 | 283 QUEENS ROAD |
| 19 Jan 2022 | £191,289 | £182,500 | 51 BLACKTHORNE ROAD |
| 14 Jan 2022 | £172,946 | £165,000 | 22 ST MARKS ROAD |
This house has a floor area of 73 sq meters or 786 sq feet when measured on 21 Oct 2009. Using an estimated price of £162,081 means this house is valued at £2,217 per sq meter (£206 per sq foot).
The average size of a house on QUEENS ROAD is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Road |
| Mar 2024 | Anti-social behaviour | On or near Queen'S Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Road |
| Mar 2024 | Anti-social behaviour | On or near Queen'S Road | |
| Mar 2024 | Anti-social behaviour | On or near Queen'S Road |