£330,191
This estimated value is based upon the latest sale price for the house of £74,000 on 28 May 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £74,000 | 28 May 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 May 1999 the House Price Index for WEST MIDLANDS was 33.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 346.205%.Applying this 346.205% change to the original purchase price of £74,000 results in an estimated price of approximately £330,191.
| 28 May 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.5 | 149.7 | 346.205 % | £74,000 | £256,191 | £330,191 |
The Postcode Pricing Model uses changes in average sales price within the B12 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 | 394.335 % | £291,807 | £365,807 |
| 3 Month Average | 230.960 % | £170,910 | £244,910 |
| 6 Month Average | 304.005 % | £224,963 | £298,963 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £185,706 | £180,000 | 2 HALLAM STREET |
| 27 Nov 2023 | £184,688 | £180,000 | 68 JAKEMAN ROAD |
| 31 Oct 2023 | £230,229 | £225,000 | 69 OAKFIELD ROAD |
| 16 Aug 2023 | £188,398 | £185,000 | 2 WILLOWS ROAD |
| 16 Aug 2023 | £188,398 | £185,000 | 4 WILLOWS ROAD |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 25 Oct 2016. Using an estimated price of £330,192 means this house is valued at £1,876 per sq meter (£174 per sq foot).
The average size of a house on WILLOWS ROAD is 123 sq meters (1,324 sq feet).
This house is the largest in the street with a floor area of 176 sq meters (1,894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Oakfield Road |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Oakfield Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakfield Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Oakfield Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oakfield Road |