£148,380
This estimated value is based upon the latest sale price for the house of £90,000 on 8 Dec 2006. 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 | 8 Dec 2006 |
| £35,500 | 23 Nov 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 629 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 December 2006 the House Price Index for WEST MIDLANDS was 89.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 64.867%.Applying this 64.867% change to the original purchase price of £90,000 results in an estimated price of approximately £148,380.
| 8 Dec 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.0 | 64.867 % | £90,000 | £58,380 | £148,380 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 61.799 % | £55,618 | £145,618 |
| 3 Month Average | 45.159 % | £40,643 | £130,643 |
| 6 Month Average | 51.666 % | £46,499 | £136,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £176,071 | £175,000 | 12 VICTORIA ROAD |
| 21 Aug 2023 | £166,010 | £165,000 | 40 VICTORIA ROAD |
| 29 Jun 2023 | £106,866 | £106,000 | 49 BEST STREET |
| 23 Jun 2023 | £153,747 | £152,500 | 48 BEST STREET |
| 29 Nov 2021 | £199,272 | £185,000 | 8 MILLENNIUM GARDENS |
This house has a floor area of 58 sq meters or 629 sq feet when measured on 29 Oct 2010. Using an estimated price of £148,380 means this house is valued at £2,539 per sq meter (£235 per sq foot).
The average size of a house on VICTORIA ROAD is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victoria Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Victoria Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cross Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Best Street |