£154,036
This estimated value is based upon the latest sale price for the house of £125,000 on 4 Apr 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 4 Apr 2018 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 April 2018 the House Price Index for WEST MIDLANDS was 119.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.229%.Applying this 23.229% change to the original purchase price of £125,000 results in an estimated price of approximately £154,036.
| 4 Apr 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 146.7 | 23.229 % | £125,000 | £29,036 | £154,036 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 19.373 % | £24,215 | £149,215 |
| 3 Month Average | 11.584 % | £14,480 | £139,480 |
| 6 Month Average | 16.416 % | £20,520 | £145,520 |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 10 Jan 2018.
The average size of a house on GEORGE ROAD is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edward Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Margaret Avenue |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Margaret Avenue |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Margaret Avenue |