£254,765
This estimated value is based upon the latest sale price for the house of £250,000 on 24 Apr 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £250,000 | 24 Apr 2023 |
| £178,000 | 12 May 2017 |
| £140,000 | 6 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 April 2023 the House Price Index for WEST MIDLANDS was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £250,000 results in an estimated price of approximately £254,765.
| 24 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £250,000 | £4,765 | £254,765 |
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 | -15.948 % | £-39,868 | £210,131 |
| 3 Month Average | -3.190 % | £-7,975 | £242,024 |
| 6 Month Average | -0.451 % | £-1,126 | £248,873 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £93,815 | £93,000 | 4 KNIGHT COURT SPRINGFIELD ROAD |
| 27 Oct 2023 | £179,067 | £175,000 | APARTMENT 2 SOMA HOUSE, 380 SPRINGFIELD ROAD |
| 10 Oct 2023 | £168,835 | £165,000 | APARTMENT 10 SOMA HOUSE, 380 SPRINGFIELD ROAD |
| 9 Oct 2023 | £222,555 | £217,500 | 2 LANGLEY HALL DRIVE |
| 7 Aug 2023 | £134,424 | £132,000 | APARTMENT 4 SOMA HOUSE, 380 SPRINGFIELD ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 15 Apr 2014. Using an estimated price of £254,765 means this house is valued at £2,928 per sq meter (£272 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Langley Hall Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Falcons |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Falcons |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Langley Hall Drive |
| Oct 2024 | Other theft | Under investigation | On or near Langley Hall Drive |