£106,468
This estimated value is based upon the latest sale price for the house of £35,000 on 15 Mar 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £35,000 | 15 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 March 2002 the House Price Index for WEST MIDLANDS was 49.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 204.197%.Applying this 204.197% change to the original purchase price of £35,000 results in an estimated price of approximately £106,468.
| 15 Mar 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 149.7 | 204.197 % | £35,000 | £71,468 | £106,468 |
The Postcode Pricing Model uses changes in average sales price within the B18 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 | 286.983 % | £100,443 | £135,443 |
| 3 Month Average | 249.476 % | £87,316 | £122,316 |
| 6 Month Average | 211.948 % | £74,181 | £109,181 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £118,500 | £118,500 | 210 BACCHUS ROAD |
| 9 Apr 2024 | £100,876 | £100,000 | 56 MARKBY ROAD |
| 8 Nov 2023 | £94,909 | £92,500 | 51 WILLES ROAD |
| 8 Sep 2023 | £152,359 | £149,000 | 75 WILLES ROAD |
| 28 Jun 2022 | £137,898 | £134,950 | 35 WILLES ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 19 Aug 2013. Using an estimated price of £106,469 means this house is valued at £1,745 per sq meter (£162 per sq foot).
The average size of a house on WILLES ROAD is 75 sq meters (814 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willes Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Willes Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willes Road |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Willes Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Preston Road |