£601,397
This estimated value is based upon the latest sale price for the house of £440,000 on 8 Jan 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Reservoir Road
More crime details
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| Price Paid | Date |
|---|---|
| £440,000 | 8 Jan 2016 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 January 2016 the House Price Index for WEST MIDLANDS was 108.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 36.681%.Applying this 36.681% change to the original purchase price of £440,000 results in an estimated price of approximately £601,397.
| 8 Jan 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.0 | 36.681 % | £440,000 | £161,397 | £601,397 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 37.647 % | £165,645 | £605,645 |
| 3 Month Average | 15.838 % | £69,685 | £509,685 |
| 6 Month Average | 36.853 % | £162,153 | £602,153 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £442,692 | £440,000 | 150 ULVERLEY GREEN ROAD |
| 17 Aug 2023 | £402,447 | £400,000 | 42 WESTBOURNE ROAD |
| 14 Aug 2023 | £513,120 | £510,000 | 8 THE CLOSE |
| 14 Jul 2022 | £450,891 | £451,500 | 13 THE CLOSE |
| 14 Jul 2022 | £599,190 | £600,000 | 19 DOVE HOUSE LANE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 26 Jan 2016. Using an estimated price of £601,398 means this house is valued at £4,556 per sq meter (£423 per sq foot).
The average size of a house on WESTBOURNE ROAD is 117 sq meters (1,264 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Reservoir Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westbourne Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westbourne Road |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Westbourne Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bourton Road |