£403,777
This estimated value is based upon the latest sale price for the house of £318,000 on 7 Jul 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £318,000 | 7 Jul 2017 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2017 the House Price Index for WEST MIDLANDS was 116.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.974%.Applying this 26.974% change to the original purchase price of £318,000 results in an estimated price of approximately £403,777.
| 7 Jul 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.0 | 26.974 % | £318,000 | £85,777 | £403,777 |
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 | 90.869 % | £288,964 | £606,964 |
| 3 Month Average | 42.781 % | £136,042 | £454,042 |
| 6 Month Average | 23.729 % | £75,459 | £393,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £504,087 | £500,000 | 32 SILVERMEAD ROAD |
| 2 Aug 2022 | £607,396 | £611,500 | 9 SILVERMEAD ROAD |
| 2 Nov 2020 | £692,803 | £600,000 | 111 STATION ROAD |
| 17 Jun 2020 | £814,135 | £675,000 | 25 EASTERN ROAD |
| 12 Mar 2020 | £514,617 | £429,000 | 72 GOLDIESLIE ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 6 May 2016. Using an estimated price of £403,778 means this house is valued at £3,958 per sq meter (£367 per sq foot).
The average size of a house on EASTERN ROAD is 129 sq meters (1,396 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southam Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highbridge Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Highbridge Road |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Silvermead Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Walter Cobb Drive |