£378,640
This estimated value is based upon the latest sale price for the house of £273,000 on 11 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £273,000 | 11 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,208 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 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 38.696%.Applying this 38.696% change to the original purchase price of £273,000 results in an estimated price of approximately £378,640.
| 11 Nov 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.0 | 38.696 % | £273,000 | £105,640 | £378,640 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 131.028 % | £357,705 | £630,705 |
| 3 Month Average | 42.407 % | £115,770 | £388,770 |
| 6 Month Average | 39.166 % | £106,922 | £379,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £462,500 | £460,000 | 26 FALSTONE ROAD |
| 18 Mar 2022 | £423,152 | £410,000 | 37 FALSTONE ROAD |
| 25 Feb 2022 | £451,207 | £432,000 | 31 DALKEITH ROAD |
| 24 Sep 2021 | £400,319 | £373,000 | 35 DALKEITH ROAD |
| 25 Jun 2021 | £400,722 | £375,000 | 48 FALSTONE ROAD |
This house has a floor area of 112 sq meters or 1,208 sq feet when measured on 15 Sep 2011. Using an estimated price of £378,641 means this house is valued at £3,371 per sq meter (£313 per sq foot).
The average size of a house on FALSTONE ROAD is 102 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Denholm Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Denholm Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Denholm Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Darnick Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stirling Road |