£102,674
This estimated value is based upon the latest sale price for the house of £100,000 on 3 May 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £100,000 | 3 May 2022 |
| £59,950 | 28 Jul 2000 |
| £35,000 | 12 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 May 2022 the House Price Index for WEST MIDLANDS was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £100,000 results in an estimated price of approximately £102,674.
| 3 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £100,000 | £2,674 | £102,674 |
The Postcode Pricing Model uses changes in average sales price within the B25 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 | -39.210 % | £-39,209 | £60,790 |
| 3 Month Average | 12.980 % | £12,980 | £112,980 |
| 6 Month Average | 1.828 % | £1,827 | £101,827 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £214,003 | £210,000 | 38 FLORA ROAD |
| 10 Jun 2022 | £181,377 | £177,500 | 35 GERALDINE ROAD |
| 31 May 2022 | £241,286 | £235,000 | 11 FLORA ROAD |
| 30 May 2022 | £200,216 | £195,000 | 43 GERALDINE ROAD |
| 3 May 2022 | £102,675 | £100,000 | 35 FLORA ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 12 Jul 2021. Using an estimated price of £102,675 means this house is valued at £1,128 per sq meter (£104 per sq foot).
The average size of a house on FLORA ROAD is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Flora Road | |
| Jun 2024 | Anti-social behaviour | On or near Flora Road | |
| Jun 2024 | Anti-social behaviour | On or near Flora Road | |
| Jun 2024 | Anti-social behaviour | On or near Flora Road | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Geraldine Road |