£163,947
This estimated value is based upon the latest sale price for the house of £134,000 on 21 Feb 2020. 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 Burnt Tree
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| Price Paid | Date |
|---|---|
| £134,000 | 21 Feb 2020 |
| £120,000 | 13 Oct 2017 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 £134,000 results in an estimated price of approximately £163,947.
| 21 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £134,000 | £29,947 | £163,947 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | -13.528 % | £-18,127 | £115,872 |
| 3 Month Average | -24.085 % | £-32,273 | £101,726 |
| 6 Month Average | -5.459 % | £-7,315 | £126,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £225,000 | £225,000 | 257 NEW BIRMINGHAM ROAD |
| 28 Nov 2023 | £680,068 | £670,000 | UNIT 43 CONEYGREE INDUSTRIAL ESTATE |
| 11 Aug 2023 | £171,500 | £170,000 | 26 BRADLEY STREET |
| 30 Jun 2023 | £185,244 | £183,000 | 24 BRADLEY STREET |
| 12 Aug 2022 | £224,396 | £225,000 | BURNT TREE METHODIST CHURCH HOPKINS STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 28 Jul 2017. Using an estimated price of £163,948 means this house is valued at £2,024 per sq meter (£188 per sq foot).
The average size of a house on BURNT TREE is 104 sq meters (1,127 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burnt Tree |
| Mar 2024 | Drugs | Local resolution | On or near Burnt Tree |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Burnt Tree |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Burnt Tree |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Burnt Tree |