£503,122
This estimated value is based upon the latest sale price for the house of £475,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £475,000 | 30 Jun 2021 |
| £382,000 | 7 Sep 2020 |
| £220,000 | 28 Jul 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 June 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.921%.Applying this 5.921% change to the original purchase price of £475,000 results in an estimated price of approximately £503,122.
| 30 Jun 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 146.7 | 5.921 % | £475,000 | £28,122 | £503,122 |
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 | -22.305 % | £-105,949 | £369,050 |
| 3 Month Average | 7.670 % | £36,432 | £511,432 |
| 6 Month Average | 0.844 % | £4,008 | £479,008 |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 17 May 2019.
The average size of a house on HEATH ROAD SOUTH is 125 sq meters (1,349 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dinmore Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dinmore Avenue |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Dinmore Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Robbery | Under investigation | On or near Parking Area |