£136,983
This estimated value is based upon the latest sale price for the house of £79,250 on 5 Aug 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £79,250 | 5 Aug 2011 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 794 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 August 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £79,250 results in an estimated price of approximately £136,983.
| 5 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £79,250 | £57,733 | £136,983 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 59.557 % | £47,198 | £126,448 |
| 3 Month Average | 38.589 % | £30,581 | £109,831 |
| 6 Month Average | 55.570 % | £44,039 | £123,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £206,809 | £205,000 | 3 FRANCIS ROAD |
| 29 Jun 2023 | £222,698 | £220,000 | 28 MILTON ROAD |
| 21 Jun 2023 | £232,820 | £230,000 | 232 LONDONDERRY LANE |
| 28 Apr 2023 | £212,286 | £210,000 | 206 LONDONDERRY LANE |
| 13 Apr 2023 | £171,850 | £170,000 | 188 LONDONDERRY LANE |
This house has a floor area of 73 sq meters or 794 sq feet when measured on 28 Dec 2010. Using an estimated price of £136,984 means this house is valued at £1,856 per sq meter (£172 per sq foot).
The average size of a house on MILTON ROAD is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Milton Road |
| Jan 2024 | Drugs | Under investigation | On or near Milton Road |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Milton Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Milton Road |