£203,558
This estimated value is based upon the latest sale price for the house of £56,500 on 21 Dec 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £56,500 | 21 Dec 2000 |
| £37,500 | 10 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 December 2000 the House Price Index for WEST MIDLANDS was 41.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 260.280%.Applying this 260.280% change to the original purchase price of £56,500 results in an estimated price of approximately £203,558.
| 21 Dec 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 148.6 | 260.280 % | £56,500 | £147,058 | £203,558 |
The Postcode Pricing Model uses changes in average sales price within the B29 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 | 298.797 % | £168,820 | £225,320 |
| 3 Month Average | 266.502 % | £150,573 | £207,073 |
| 6 Month Average | 308.715 % | £174,424 | £230,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £498,726 | £490,000 | 762A BRISTOL ROAD |
| 5 Jul 2023 | £259,492 | £256,000 | 33 WINNIE ROAD |
| 4 Apr 2023 | £618,179 | £611,523 | GARAGE AT SELLY WHARF SELLY OAK INDUSTRIAL ESTATE ELLIOTT ROAD |
| 14 Feb 2023 | £224,849 | £225,000 | 54 WINNIE ROAD |
| 10 Aug 2022 | £189,490 | £190,000 | 50 LOTTIE ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 10 Aug 2018. Using an estimated price of £203,558 means this house is valued at £2,993 per sq meter (£278 per sq foot).
The average size of a house on LOTTIE ROAD is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Elliott Road |
| Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Elliott Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Elliott Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Selly Wharf |
| Dec 2023 | Theft from the person | Unable to prosecute suspect | On or near Selly Wharf |