£72,539
This estimated value is based upon the latest sale price for the house of £59,146 on 6 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£59,146 | 6 Nov 2019 |
£89,500 | 19 Dec 2003 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £59,146 results in an estimated price of approximately £72,539.
6 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £59,146 | £13,393 | £72,539 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 16.968 % | £10,035 | £69,181 |
3 Month Average | 20.953 % | £12,392 | £71,538 |
6 Month Average | 14.886 % | £8,804 | £67,950 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £131,594 | £130,000 | 104 ELMDALE CRESCENT |
20 Apr 2023 | £189,541 | £187,500 | 11 HONEYCOMB WAY |
20 Apr 2023 | £171,850 | £170,000 | 50 CHEVERTON ROAD |
10 Feb 2023 | £259,825 | £260,000 | 79 TINKERS FARM ROAD |
3 Feb 2023 | £177,880 | £178,000 | 122 ELMDALE CRESCENT |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 18 Jul 2013. Using an estimated price of £72,539 means this house is valued at £843 per sq meter (£78 per sq foot).
The average size of a house on CHEVERTON ROAD is 83 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheverton Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Honeycomb Way |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Honeycomb Way |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Honeycomb Way |
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Kelby Close |