£120,713
This estimated value is based upon the latest sale price for the house of £90,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £90,000 | 26 Aug 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £90,000 results in an estimated price of approximately £120,713.
| 26 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £90,000 | £30,713 | £120,713 |
The Postcode Pricing Model uses changes in average sales price within the B65 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 | 82.540 % | £74,285 | £164,285 |
| 3 Month Average | 40.918 % | £36,825 | £126,825 |
| 6 Month Average | 56.494 % | £50,844 | £140,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2024 | £244,000 | £244,000 | 12 BOND STREET |
| 15 Dec 2023 | £242,450 | £235,000 | 9 WINWOOD ROAD |
| 8 Dec 2023 | £199,634 | £193,500 | 52 BOUNDARY AVENUE |
| 11 Aug 2023 | £285,143 | £280,000 | 7 PENN ROAD |
| 28 Apr 2023 | £219,098 | £215,000 | 218 PENNCRICKET LANE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 24 Jul 2013. Using an estimated price of £120,714 means this house is valued at £1,801 per sq meter (£167 per sq foot).
The average size of a house on WINWOOD ROAD is 107 sq meters (1,156 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Under investigation | On or near Penn Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penn Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penn Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penn Road |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Penn Road |