£155,551
This estimated value is based upon the latest sale price for the house of £125,000 on 19 Feb 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 19 Feb 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 943 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 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £125,000 results in an estimated price of approximately £155,551.
| 19 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £125,000 | £30,551 | £155,551 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 29.524 % | £36,904 | £161,904 |
| 3 Month Average | 32.590 % | £40,737 | £165,737 |
| 6 Month Average | 23.058 % | £28,822 | £153,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £201,182 | £195,000 | 458 BRAYS ROAD |
| 10 Nov 2023 | £205,722 | £200,500 | 44 FALLINDALE ROAD |
| 14 Apr 2023 | £208,907 | £205,000 | 377 BRAYS ROAD |
| 30 Mar 2023 | £193,227 | £190,000 | 398 BRAYS ROAD |
| 20 Jul 2022 | £230,308 | £228,000 | 79 FALLINDALE ROAD |
This house has a floor area of 87 sq meters or 943 sq feet when measured on 7 Apr 2011. Using an estimated price of £155,552 means this house is valued at £1,774 per sq meter (£164 per sq foot).
The average size of a house on BRAYS ROAD is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fallindale Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Fallindale Road |
| Oct 2024 | Public order | Under investigation | On or near Fallindale Road |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fallindale Road |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fallindale Road |