£179,752
This estimated value is based upon the latest sale price for the house of £145,000 on 13 Aug 2019. 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 Priors Way
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| Price Paid | Date |
|---|---|
| £145,000 | 13 Aug 2019 |
| £105,000 | 17 Aug 2009 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 August 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £145,000 results in an estimated price of approximately £179,752.
| 13 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £145,000 | £34,752 | £179,752 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 34.579 % | £50,138 | £195,138 |
| 3 Month Average | 10.508 % | £15,235 | £160,235 |
| 6 Month Average | 12.114 % | £17,565 | £162,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £202,700 | £202,700 | 832 COLLEGE ROAD |
| 15 Nov 2023 | £220,600 | £215,000 | 739 COLLEGE ROAD |
| 15 Nov 2023 | £251,381 | £245,000 | 9 TALBOT CLOSE |
| 7 Sep 2023 | £119,637 | £117,000 | 15 PRIORS WAY |
| 31 Mar 2023 | £113,902 | £112,000 | 69 TALBOT CLOSE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 11 Apr 2019. Using an estimated price of £179,753 means this house is valued at £1,872 per sq meter (£173 per sq foot).
The average size of a house on PRIORS WAY is 103 sq meters (1,109 sq feet).
This house is the largest in the street with a floor area of 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Priors Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Priors Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Priors Way |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Priors Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priors Way |