£379,338
This estimated value is based upon the latest sale price for the house of £165,000 on 1 Sep 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Addison Road
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| Price Paid | Date |
|---|---|
| £165,000 | 1 Sep 2003 |
| £109,950 | 20 Oct 2000 |
| £46,500 | 20 Mar 2000 |
| Terraced |
| Freehold |
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 September 2003 the House Price Index for WEST MIDLANDS was 65.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 129.902%.Applying this 129.902% change to the original purchase price of £165,000 results in an estimated price of approximately £379,338.
| 1 Sep 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 149.7 | 129.902 % | £165,000 | £214,338 | £379,338 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 133.375 % | £220,069 | £385,069 |
| 3 Month Average | 101.684 % | £167,777 | £332,777 |
| 6 Month Average | 110.319 % | £182,026 | £347,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £298,588 | £294,000 | 7 GOLDSMITH ROAD |
| 29 Jun 2023 | £289,808 | £284,000 | 67 MOSSFIELD ROAD |
| 27 Mar 2023 | £429,676 | £422,500 | 144 ADDISON ROAD |
| 14 Jul 2022 | £409,099 | £405,000 | 38 GOLDSMITH ROAD |
| 7 Jul 2022 | £328,289 | £325,000 | 89 DRAYTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Addison Road |
| Oct 2024 | Anti-social behaviour | On or near Addison Road | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Addison Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Addison Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Addison Road |