£276,956
This estimated value is based upon the latest sale price for the house of £170,000 on 12 Jun 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£170,000 | 12 Jun 2008 |
£43,000 | 17 Dec 1996 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 641 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 June 2008 the House Price Index for WEST MIDLANDS was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.916%.Applying this 62.916% change to the original purchase price of £170,000 results in an estimated price of approximately £276,956.
12 Jun 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 149.7 | 62.916 % | £170,000 | £106,956 | £276,956 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 61.037 % | £103,763 | £273,763 |
3 Month Average | 72.267 % | £122,853 | £292,853 |
6 Month Average | 52.085 % | £88,543 | £258,543 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Apr 2024 | £247,146 | £245,000 | 98 BARN LANE |
13 Dec 2023 | £278,560 | £270,000 | 62 BARN LANE |
21 Sep 2023 | £255,635 | £250,000 | 39 HARDWICK ROAD |
11 Aug 2023 | £229,133 | £225,000 | 11 BARN LANE |
5 Jun 2023 | £301,033 | £295,000 | 71 SHALFORD ROAD |
This house has a floor area of 59 sq meters or 641 sq feet when measured on 8 Jun 2011. Using an estimated price of £276,957 means this house is valued at £4,650 per sq meter (£432 per sq foot).
The average size of a house on HARDWICK ROAD is 78 sq meters (842 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Hardwick Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hardwick Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hardwick Road |
Aug 2024 | Drugs | Unable to prosecute suspect | On or near Hardwick Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Shalford Road |