£288,807
This estimated value is based upon the latest sale price for the house of £211,300 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £211,300 | 29 Jan 2016 |
| £185,000 | 2 Aug 2013 |
| £115,000 | 20 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 937 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 2016 the House Price Index for WEST MIDLANDS was 108.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 36.681%.Applying this 36.681% change to the original purchase price of £211,300 results in an estimated price of approximately £288,807.
| 29 Jan 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.0 | 36.681 % | £211,300 | £77,507 | £288,807 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 117.522 % | £248,323 | £459,623 |
| 3 Month Average | 48.134 % | £101,706 | £313,006 |
| 6 Month Average | 35.246 % | £74,475 | £285,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £271,652 | £270,000 | 15 GEORGE ROAD |
| 8 Aug 2023 | £191,162 | £190,000 | 77 ELIZABETH ROAD |
| 4 Nov 2022 | £280,452 | £285,000 | 85 ELIZABETH ROAD |
| 17 Aug 2022 | £327,785 | £330,000 | 42 GEORGE ROAD |
| 30 Jun 2022 | £242,457 | £240,000 | 5 GEORGE ROAD |
This house has a floor area of 87 sq meters or 937 sq feet when measured on 19 Jul 2010. Using an estimated price of £288,808 means this house is valued at £3,315 per sq meter (£308 per sq foot).
The average size of a house on GEORGE ROAD is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near George Road |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near George Road |
| Apr 2024 | Shoplifting | Under investigation | On or near George Road |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near George Road |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near George Road |