£152,414
This estimated value is based upon the latest sale price for the house of £146,000 on 18 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 |
|---|---|
| £146,000 | 18 Mar 2022 |
| £125,000 | 23 Jun 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £146,000 results in an estimated price of approximately £152,414.
| 18 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £146,000 | £6,414 | £152,414 |
The Postcode Pricing Model uses changes in average sales price within the B17 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 | -59.304 % | £-86,583 | £59,416 |
| 3 Month Average | -26.264 % | £-38,345 | £107,654 |
| 6 Month Average | -13.184 % | £-19,247 | £126,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £385,000 | £385,000 | 119 PARK HILL ROAD |
| 12 Apr 2024 | £262,278 | £260,000 | 117 PARK HILL ROAD |
| 27 Oct 2023 | £133,021 | £130,000 | 40 FOREST DRIVE |
| 6 Oct 2023 | £388,831 | £380,000 | 18 ROSE ROAD |
| 2 Aug 2022 | £477,232 | £475,000 | 125A PARK HILL ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 31 Aug 2018. Using an estimated price of £152,414 means this house is valued at £3,628 per sq meter (£337 per sq foot).
The average size of a house on FOREST DRIVE is 51 sq meters (553 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Forest Drive |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Forest Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forest Drive |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Forest Drive |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Forest Drive |