£233,906
This estimated value is based upon the latest sale price for the house of £230,000 on 31 Mar 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£230,000 | 31 Mar 2023 |
£99,000 | 10 Aug 2009 |
£56,950 | 17 Dec 1999 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 March 2023 the House Price Index for WEST MIDLANDS was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £230,000 results in an estimated price of approximately £233,906.
31 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £230,000 | £3,906 | £233,906 |
The Postcode Pricing Model uses changes in average sales price within the B33 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 | -13.239 % | £-30,449 | £199,550 |
3 Month Average | -1.350 % | £-3,104 | £226,895 |
6 Month Average | 3.590 % | £8,257 | £238,257 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2023 | £255,635 | £250,000 | 50 FRODESLEY ROAD |
27 Apr 2023 | £244,575 | £240,000 | 31 HOLLYFASTE ROAD |
31 Mar 2023 | £233,906 | £230,000 | 53 HOLLYFASTE ROAD |
28 Feb 2023 | £216,446 | £215,000 | 178 SHELDON HEATH ROAD |
20 Sep 2022 | £219,853 | £220,000 | 117 HENGHAM ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 24 Oct 2014. Using an estimated price of £233,906 means this house is valued at £2,658 per sq meter (£246 per sq foot).
The average size of a house on HOLLYFASTE ROAD is 96 sq meters (1,040 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near Sheldon Heath Road |
Aug 2024 | Drugs | Local resolution | On or near Sheldon Heath Road |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sheldon Heath Road |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Sheldon Heath Road |
Jul 2024 | Public order | Under investigation | On or near Sheldon Heath Road |