£205,483
This estimated value is based upon the latest sale price for the house of £59,950 on 25 May 2001. 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 Edwin Phillips Drive
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| Price Paid | Date |
|---|---|
| £59,950 | 25 May 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 856 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 May 2001 the House Price Index for WEST MIDLANDS was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £59,950 results in an estimated price of approximately £205,483.
| 25 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £59,950 | £145,533 | £205,483 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 71.666 % | £42,963 | £102,913 |
| 3 Month Average | 173.195 % | £103,830 | £163,780 |
| 6 Month Average | 227.264 % | £136,244 | £196,194 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £272,773 | £268,000 | 70 EDWIN PHILLIPS DRIVE |
| 22 Mar 2023 | £222,092 | £220,000 | 61 COLES LANE |
| 6 Jul 2022 | £260,702 | £260,000 | 69 EDWIN PHILLIPS DRIVE |
| 29 Oct 2021 | £221,296 | £200,000 | 11 LEACROFT GROVE |
| 30 Jul 2021 | £176,987 | £154,000 | 14 EDWIN PHILLIPS DRIVE |
This house has a floor area of 79 sq meters or 856 sq feet when measured on 21 Nov 2011. Using an estimated price of £205,483 means this house is valued at £2,581 per sq meter (£239 per sq foot).
The average size of a house on EDWIN PHILLIPS DRIVE is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Edwin Phillips Drive |
| Mar 2024 | Anti-social behaviour | On or near Edwin Phillips Drive | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edwin Phillips Drive |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Edwin Phillips Drive |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Edwin Phillips Drive |