£238,259
This estimated value is based upon the latest sale price for the house of £222,000 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £222,000 | 29 Sep 2021 |
| £170,000 | 26 Feb 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £222,000 results in an estimated price of approximately £238,259.
| 29 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £222,000 | £16,259 | £238,259 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | -28.541 % | £-63,360 | £158,639 |
| 3 Month Average | -9.547 % | £-21,195 | £200,804 |
| 6 Month Average | -5.746 % | £-12,755 | £209,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £178,375 | £175,000 | 37 ALMA STREET |
| 2 Jun 2023 | £226,839 | £225,000 | 2 CLENT VIEW ROAD |
| 31 Jan 2023 | £119,946 | £121,000 | 16 CASLON FLATS TREE ACRE GROVE |
| 20 Jan 2023 | £78,312 | £79,000 | 9 COMPTON GROVE |
| 17 Jun 2022 | £116,177 | £115,000 | 8 CASLON FLATS TREE ACRE GROVE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 14 Nov 2018. Using an estimated price of £238,260 means this house is valued at £2,803 per sq meter (£260 per sq foot).
The average size of a house on MERES ROAD is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Meres Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Meres Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meres Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Meres Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meres Road |