£131,969
This estimated value is based upon the latest sale price for the house of £103,000 on 12 Jun 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £103,000 | 12 Jun 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £103,000 results in an estimated price of approximately £131,969.
| 12 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £103,000 | £28,969 | £131,969 |
The Postcode Pricing Model uses changes in average sales price within the B8 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 | 34.734 % | £35,775 | £138,775 |
| 3 Month Average | 3.078 % | £3,170 | £106,170 |
| 6 Month Average | 23.480 % | £24,184 | £127,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jan 2023 | £248,828 | £250,000 | FLAT 754 ALUM ROCK ROAD |
| 28 Jun 2022 | £142,007 | £140,000 | 81 MONK ROAD |
| 7 Mar 2022 | £207,252 | £200,000 | 38 WOODWELLS ROAD |
| 18 Dec 2020 | £110,754 | £96,500 | 40 WOODWELLS ROAD |
| 21 Aug 2020 | £173,865 | £145,000 | 77 MONK ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 25 May 2016. Using an estimated price of £131,969 means this house is valued at £1,482 per sq meter (£137 per sq foot).
The average size of a house on WOODWELLS ROAD is 104 sq meters (1,123 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Woodwells Road |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Woodwells Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Woodwells Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Bamville Road |
| Mar 2024 | Theft from the person | Local resolution | On or near Bamville Road |