£164,483
This estimated value is based upon the latest sale price for the house of £132,500 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £132,500 | 23 Nov 2018 |
| £116,500 | 19 Jan 2007 |
| £41,000 | 9 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £132,500 results in an estimated price of approximately £164,483.
| 23 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £132,500 | £31,983 | £164,483 |
The Postcode Pricing Model uses changes in average sales price within the B25 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 | -26.064 % | £-34,535 | £97,964 |
| 3 Month Average | 25.806 % | £34,192 | £166,692 |
| 6 Month Average | 23.326 % | £30,906 | £163,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £306,972 | £300,000 | 45 GLADYS ROAD |
| 28 Apr 2023 | £214,003 | £210,000 | 38 FLORA ROAD |
| 28 Feb 2023 | £208,392 | £207,000 | 24 GLADYS ROAD |
| 29 Jun 2022 | £970,751 | £950,000 | 1277 COVENTRY ROAD |
| 31 May 2022 | £241,286 | £235,000 | 11 FLORA ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 25 May 2016. Using an estimated price of £164,484 means this house is valued at £2,030 per sq meter (£188 per sq foot).
The average size of a house on FLORA ROAD is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Drugs | Unable to prosecute suspect | On or near Gladys Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gladys Road |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Gladys Road |
| Aug 2024 | Possession of weapons | Unable to prosecute suspect | On or near Gladys Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Gladys Road |