£278,371
This estimated value is based upon the latest sale price for the house of £275,000 on 1 Jun 2023. 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 Long Hyde Road
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Price Paid | Date |
---|---|
£275,000 | 1 Jun 2023 |
£140,000 | 13 Feb 2012 |
Terraced |
Freehold |
Floor Area: 105 sq meters or 1,140 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 June 2023 the House Price Index for WEST MIDLANDS was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £275,000 results in an estimated price of approximately £278,371.
1 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.8 | 148.6 | 1.226 % | £275,000 | £3,371 | £278,371 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | -11.455 % | £-31,501 | £243,498 |
3 Month Average | -11.878 % | £-32,663 | £242,336 |
6 Month Average | -7.743 % | £-21,293 | £253,706 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jul 2023 | £253,411 | £250,000 | 18 BISHOPTON ROAD |
8 Jun 2023 | £182,207 | £180,000 | 48 WIGORN ROAD |
1 Jun 2023 | £278,372 | £275,000 | 49 BISHOPTON ROAD |
13 Jul 2022 | £262,707 | £262,000 | 15 LONG HYDE ROAD |
17 Jun 2022 | £245,976 | £242,500 | 3 BISHOPTON ROAD |
This house has a floor area of 105 sq meters or 1,140 sq feet when measured on 24 Oct 2010. Using an estimated price of £278,372 means this house is valued at £2,627 per sq meter (£244 per sq foot).
The average size of a house on BISHOPTON ROAD is 91 sq meters (980 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Long Hyde Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Long Hyde Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Long Hyde Road |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Long Hyde Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Long Hyde Road |