£311,348
This estimated value is based upon the latest sale price for the house of £67,500 on 23 Oct 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£67,500 | 23 Oct 1998 |
Semi-Detached |
Freehold |
Floor Area: 77 sq meters or 828 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 October 1998 the House Price Index for WEST MIDLANDS was 32.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 361.257%.Applying this 361.257% change to the original purchase price of £67,500 results in an estimated price of approximately £311,348.
23 Oct 1998 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 148.0 | 361.257 % | £67,500 | £243,848 | £311,348 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | 572.306 % | £386,306 | £453,806 |
3 Month Average | 358.810 % | £242,196 | £309,696 |
6 Month Average | 262.643 % | £177,283 | £244,783 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £405,202 | £400,000 | 57 SPRINGFIELD CRESCENT |
4 Aug 2023 | £251,530 | £250,000 | 6 DOVEBRIDGE CLOSE |
9 Jun 2023 | £277,248 | £275,000 | 160 STEPHENS ROAD |
28 Feb 2022 | £287,227 | £275,000 | 23 YEW TREE ROAD |
14 Oct 2021 | £504,445 | £457,750 | 15 LITTLEWORTH GROVE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 7 Aug 2014. Using an estimated price of £311,348 means this house is valued at £4,043 per sq meter (£375 per sq foot).
The average size of a house on HERMITAGE DRIVE is 84 sq meters (913 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Littleworth Grove |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Littleworth Grove |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yew Tree Rise |
Feb 2024 | Anti-social behaviour | On or near Langley Heath Drive | |
Feb 2024 | Anti-social behaviour | On or near Langley Heath Drive |