£186,894
This estimated value is based upon the latest sale price for the house of £185,000 on 30 Jun 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Erdington
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| Price Paid | Date |
|---|---|
| £185,000 | 30 Jun 2022 |
| £125,000 | 25 Jul 2014 |
| £118,500 | 19 Aug 2011 |
| £73,000 | 28 Dec 2001 |
| £52,950 | 26 Feb 1999 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 963 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 2022 the House Price Index for WEST MIDLANDS was 146.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.024%.Applying this 1.024% change to the original purchase price of £185,000 results in an estimated price of approximately £186,894.
| 30 Jun 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.0 | 1.024 % | £185,000 | £1,894 | £186,894 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | -14.675 % | £-27,148 | £157,851 |
| 3 Month Average | -1.699 % | £-3,142 | £181,857 |
| 6 Month Average | -9.516 % | £-17,604 | £167,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £120,899 | £120,000 | 81 JOHNSON ROAD |
| 24 Mar 2023 | £226,223 | £225,000 | 28 DEAN ROAD |
| 22 Nov 2022 | £216,489 | £220,000 | 20 DEAN ROAD |
| 18 Nov 2022 | £206,600 | £209,950 | 60 JOHNSON ROAD |
| 26 Oct 2022 | £157,656 | £160,000 | 49 JOHNSON ROAD |
This house has a floor area of 89 sq meters or 963 sq feet when measured on 9 Feb 2011. Using an estimated price of £186,894 means this house is valued at £2,088 per sq meter (£194 per sq foot).
The average size of a house on JOHNSON ROAD is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Erdington |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Erdington |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Erdington |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dean Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dean Road |