£653,544
This estimated value is based upon the latest sale price for the house of £566,000 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £566,000 | 6 Nov 2020 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2020 the House Price Index for WEST MIDLANDS was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £566,000 results in an estimated price of approximately £653,544.
| 6 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £566,000 | £87,544 | £653,544 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 5.567 % | £31,510 | £597,510 |
| 3 Month Average | -29.274 % | £-165,690 | £400,309 |
| 6 Month Average | -19.168 % | £-108,492 | £457,507 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Mar 2023 | £261,413 | £260,000 | FLAT 7 DORCHESTER COURT DORCHESTER ROAD |
| 23 Sep 2022 | £212,417 | £215,000 | APARTMENT 88 BROADOAKS, 548 STREETSBROOK ROAD |
| 30 Aug 2022 | £193,691 | £195,000 | APARTMENT 1 BROADOAKS, 548 STREETSBROOK ROAD |
| 18 Aug 2022 | £278,121 | £280,000 | FLAT 8 DORCHESTER COURT DORCHESTER ROAD |
| 17 Aug 2022 | £193,691 | £195,000 | APARTMENT 8 BROADOAKS, 548 STREETSBROOK ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 18 Feb 2014. Using an estimated price of £653,545 means this house is valued at £5,585 per sq meter (£518 per sq foot).
The average size of a house on DORCHESTER ROAD is 117 sq meters (1,262 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Dorchester Road |
| Jan 2024 | Theft from the person | Unable to prosecute suspect | On or near Dorchester Road |
| Jan 2024 | Public order | Awaiting court outcome | On or near Dorchester Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dorchester Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dorchester Road |