£514,305
This estimated value is based upon the latest sale price for the house of £515,000 on 8 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £515,000 | 8 Jul 2022 |
| £102,100 | 16 Apr 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 July 2022 the House Price Index for WEST MIDLANDS was 148.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.135%.Applying this -0.135% change to the original purchase price of £515,000 results in an estimated price of approximately £514,305.
| 8 Jul 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.0 | -0.135 % | £515,000 | £-694 | £514,305 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 20.891 % | £107,589 | £622,589 |
| 3 Month Average | 4.784 % | £24,636 | £539,636 |
| 6 Month Average | 0.429 % | £2,208 | £517,208 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £462,500 | £460,000 | 26 FALSTONE ROAD |
| 9 Sep 2022 | £419,893 | £425,000 | 62 DARNICK ROAD |
| 8 Jul 2022 | £514,305 | £515,000 | 3 DARNICK ROAD |
| 18 Mar 2022 | £423,152 | £410,000 | 37 FALSTONE ROAD |
| 25 Jun 2021 | £400,722 | £375,000 | 48 FALSTONE ROAD |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 8 Feb 2016. Using an estimated price of £514,305 means this house is valued at £3,781 per sq meter (£351 per sq foot).
The average size of a house on DARNICK ROAD is 136 sq meters (1,468 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Supermarket |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |