£311,688
This estimated value is based upon the latest sale price for the house of £180,000 on 12 Jan 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £180,000 | 12 Jan 2012 |
| £210,000 | 25 Nov 2005 |
| £133,500 | 8 Nov 2002 |
| £69,000 | 19 Apr 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,008 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 January 2012 the House Price Index for WEST MIDLANDS was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £180,000 results in an estimated price of approximately £311,688.
| 12 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £180,000 | £131,688 | £311,688 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 109.722 % | £197,499 | £377,499 |
| 3 Month Average | 93.493 % | £168,287 | £348,287 |
| 6 Month Average | 91.518 % | £164,731 | £344,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jan 2023 | £173,463 | £173,000 | 5 WESTLEY BROOK CLOSE |
| 21 Oct 2022 | £264,118 | £265,000 | 14 RAGLEY DRIVE |
| 20 Jul 2022 | £230,308 | £228,000 | 79 FALLINDALE ROAD |
| 11 Mar 2022 | £375,816 | £360,000 | 1 RAGLEY DRIVE |
| 4 Feb 2022 | £153,186 | £145,000 | 40 ROMFORD CLOSE |
This house has a floor area of 93 sq meters or 1,008 sq feet when measured on 13 Jul 2010. Using an estimated price of £311,689 means this house is valued at £3,325 per sq meter (£308 per sq foot).
There is one other house on the street which we know the size of, this is 6 THE SMITHY it is 89.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Theft from the person | Under investigation | On or near Church Road |
| Jul 2024 | Anti-social behaviour | On or near Church Road | |
| Jul 2024 | Anti-social behaviour | On or near Church Road | |
| Jul 2024 | Anti-social behaviour | On or near Church Road | |
| Jul 2024 | Anti-social behaviour | On or near Church Road |