£890,934
This estimated value is based upon the latest sale price for the house of £850,000 on 13 Jan 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £850,000 | 13 Jan 2022 |
| £250,000 | 21 Mar 2002 |
| Detached |
| Freehold |
| Floor Area: 283 sq meters or 3,046 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 January 2022 the House Price Index for WEST MIDLANDS was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £850,000 results in an estimated price of approximately £890,934.
| 13 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £850,000 | £40,934 | £890,934 |
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 | 7.391 % | £62,820 | £912,820 |
| 3 Month Average | -24.908 % | £-211,714 | £638,285 |
| 6 Month Average | -8.141 % | £-69,202 | £780,797 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £334,292 | £330,000 | 73 WOODLANDS ROAD |
| 7 Aug 2023 | £553,365 | £550,000 | 22 MACKENZIE ROAD |
| 20 Jun 2022 | £638,471 | £632,000 | 40 MACKENZIE ROAD |
| 30 Apr 2022 | £430,769 | £420,000 | 82 WOODLANDS ROAD |
| 4 Feb 2022 | £470,007 | £450,000 | 42 MACKENZIE ROAD |
This house has a floor area of 283 sq meters or 3,046 sq feet when measured on 13 Sep 2021. Using an estimated price of £890,935 means this house is valued at £3,148 per sq meter (£292 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 | Investigation complete; no suspect identified | On or near Woodlands Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodlands Road |