£316,573
This estimated value is based upon the latest sale price for the house of £56,000 on 31 Jul 1995. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £56,000 | 31 Jul 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 169 sq meters or 1,819 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 July 1995 the House Price Index for WEST MIDLANDS was 26.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 465.309%.Applying this 465.309% change to the original purchase price of £56,000 results in an estimated price of approximately £316,573.
| 31 Jul 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 148.6 | 465.309 % | £56,000 | £260,573 | £316,573 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 167.637 % | £93,876 | £149,876 |
| 3 Month Average | 287.910 % | £161,229 | £217,229 |
| 6 Month Average | 358.360 % | £200,681 | £256,681 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £118,382 | £117,346 | 22 THE BROADWAY |
| 11 Aug 2023 | £201,765 | £200,000 | 7 HUNTINGDON ROAD |
| 31 Mar 2023 | £217,045 | £215,000 | 40 BEDFORD ROAD |
| 13 May 2022 | £249,705 | £245,000 | 54 COLES LANE |
| 9 May 2022 | £331,241 | £325,000 | 26 THE BROADWAY |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 27 Jan 2014. Using an estimated price of £316,573 means this house is valued at £1,873 per sq meter (£174 per sq foot).
The average size of a house on BEDFORD ROAD is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bedford Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bedford Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bedford Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bedford Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Huntingdon Road |