£642,332
This estimated value is based upon the latest sale price for the house of £525,000 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £525,000 | 14 Feb 2020 |
| Detached |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 February 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £525,000 results in an estimated price of approximately £642,332.
| 14 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £525,000 | £117,332 | £642,332 |
The Postcode Pricing Model uses changes in average sales price within the B11 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 | 28.066 % | £147,344 | £672,344 |
| 3 Month Average | -11.419 % | £-59,948 | £465,051 |
| 6 Month Average | -2.141 % | £-11,242 | £513,757 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £334,959 | £330,000 | 73 WOODLANDS ROAD |
| 7 Aug 2023 | £554,854 | £550,000 | 22 MACKENZIE ROAD |
| 17 Jan 2023 | £81,616 | £82,000 | FLAT 18 PICKWICK CLOSE, 92 WAKE GREEN ROAD |
| 20 Jun 2022 | £641,059 | £632,000 | 40 MACKENZIE ROAD |
| 30 Apr 2022 | £432,516 | £420,000 | 82 WOODLANDS ROAD |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 27 Aug 2019. Using an estimated price of £642,332 means this house is valued at £3,823 per sq meter (£355 per sq foot).
The average size of a house on MACKENZIE ROAD is 230 sq meters (2,476 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Mackenzie Road | |
| Feb 2024 | Anti-social behaviour | On or near Mackenzie Road | |
| Feb 2024 | Anti-social behaviour | On or near Mackenzie Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Vale |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Vale |