£129,421
This estimated value is based upon the latest sale price for the house of £27,800 on 21 Sep 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £27,800 | 21 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 1998 the House Price Index for WEST MIDLANDS was 31.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 365.544%.Applying this 365.544% change to the original purchase price of £27,800 results in an estimated price of approximately £129,421.
| 21 Sep 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 148.6 | 365.544 % | £27,800 | £101,621 | £129,421 |
The Postcode Pricing Model uses changes in average sales price within the B75 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 | 388.902 % | £108,114 | £135,914 |
| 3 Month Average | 295.601 % | £82,177 | £109,977 |
| 6 Month Average | 271.701 % | £75,532 | £103,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £133,165 | £132,000 | APARTMENT 4 SOMA HOUSE, 380 SPRINGFIELD ROAD |
| 14 Jul 2023 | £156,101 | £154,000 | 1 SPRINGFIELD COURT SPRINGFIELD ROAD |
| 24 Apr 2023 | £252,721 | £250,000 | 385 SPRINGFIELD ROAD |
| 24 Apr 2023 | £303,265 | £300,000 | 373 SPRINGFIELD ROAD |
| 3 Mar 2023 | £328,091 | £325,000 | 2 LANGLEY HALL ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 3 Sep 2021. Using an estimated price of £129,421 means this house is valued at £1,454 per sq meter (£135 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Langley Hall Drive |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Langley Hall Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Falcons |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Falcons |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Falcons |