£448,953
This estimated value is based upon the latest sale price for the house of £435,000 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £435,000 | 25 Mar 2022 |
| £280,000 | 26 May 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 March 2022 the House Price Index for WEST MIDLANDS was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £435,000 results in an estimated price of approximately £448,953.
| 25 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.0 | 3.208 % | £435,000 | £13,953 | £448,953 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 137.901 % | £599,867 | £1,034,867 |
| 3 Month Average | 7.923 % | £34,463 | £469,463 |
| 6 Month Average | 6.773 % | £29,461 | £464,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £453,826 | £448,000 | 65 WELFORD ROAD |
| 10 Nov 2023 | £481,177 | £475,000 | 25 WELFORD ROAD |
| 28 Jun 2023 | £415,368 | £412,000 | 12 HASELOR ROAD |
| 20 Apr 2022 | £472,820 | £461,000 | 65 MAXSTOKE ROAD |
| 25 Mar 2022 | £448,954 | £435,000 | 40 MAXSTOKE ROAD |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 12 Nov 2015. Using an estimated price of £448,954 means this house is valued at £3,563 per sq meter (£331 per sq foot).
The average size of a house on MAXSTOKE ROAD is 111 sq meters (1,195 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Maxstoke Road |
| Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Maxstoke Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Welford Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Welford Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Haselor Road |