£145,774
This estimated value is based upon the latest sale price for the house of £120,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 31 Jan 2020 |
| £105,000 | 8 Dec 2014 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 January 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £120,000 results in an estimated price of approximately £145,774.
| 31 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £120,000 | £25,774 | £145,774 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 19.536 % | £23,443 | £143,443 |
| 3 Month Average | 13.457 % | £16,148 | £136,148 |
| 6 Month Average | 16.356 % | £19,627 | £139,627 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £76,446 | £75,000 | 12 GREAT WESTERN DRIVE |
| 14 Jul 2023 | £232,196 | £230,000 | 137 WRIGHTS LANE |
| 10 Jul 2023 | £158,499 | £157,000 | 122 WRIGHTS LANE |
| 21 Apr 2023 | £151,123 | £150,000 | 124 WRIGHTS LANE |
| 10 Aug 2022 | £177,302 | £178,500 | 119 WRIGHTS LANE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 28 May 2014. Using an estimated price of £145,775 means this house is valued at £1,487 per sq meter (£138 per sq foot).
The average size of a house on STATION ROAD is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Western Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Meadow Street |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Clifton Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beauty Bank |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Cherry Orchard |