£155,397
This estimated value is based upon the latest sale price for the house of £89,500 on 30 Nov 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£89,500 | 30 Nov 2011 |
£25,032 | 18 Oct 1996 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 November 2011 the House Price Index for WEST MIDLANDS was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £89,500 results in an estimated price of approximately £155,397.
30 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.628 % | £89,500 | £65,897 | £155,397 |
The Postcode Pricing Model uses changes in average sales price within the DY2 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 | 53.701 % | £48,062 | £137,562 |
3 Month Average | 75.375 % | £67,460 | £156,960 |
6 Month Average | 72.124 % | £64,551 | £154,051 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £143,156 | £140,000 | 8 BUSH ROAD |
30 Jun 2023 | £200,008 | £196,000 | 50 ASHFIELD CRESCENT |
31 Mar 2023 | £177,972 | £175,000 | 43 HEATH ROAD |
18 Aug 2022 | £180,846 | £180,000 | 63 COPSE ROAD |
8 Jul 2022 | £262,632 | £260,000 | 25 WESTHEATH ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 9 Sep 2009. Using an estimated price of £155,397 means this house is valued at £1,765 per sq meter (£164 per sq foot).
The average size of a house on HEATH ROAD is 87 sq meters (941 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashfield Crescent |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashfield Crescent |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heath Road |
Jul 2024 | Other crime | Under investigation | On or near Heath Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heath Road |