£128,400
This estimated value is based upon the latest sale price for the house of £126,500 on 29 Nov 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £126,500 | 29 Nov 2023 |
| £66,500 | 19 Mar 2015 |
| £34,500 | 17 Jul 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 November 2023 the House Price Index for WEST MIDLANDS was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £126,500 results in an estimated price of approximately £128,400.
| 29 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £126,500 | £1,900 | £128,400 |
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 | 70.510 % | £89,195 | £215,695 |
| 3 Month Average | 22.011 % | £27,843 | £154,343 |
| 6 Month Average | 1.529 % | £1,934 | £128,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £128,401 | £126,500 | 55 IVYFIELD ROAD |
| 22 Nov 2023 | £70,037 | £69,000 | 224 IVYFIELD ROAD |
| 15 Nov 2023 | £108,100 | £106,500 | 180 IVYFIELD ROAD |
| 4 Aug 2023 | £77,680 | £77,000 | 162 IVYFIELD ROAD |
| 2 Mar 2023 | £277,615 | £275,000 | 76 IVYFIELD ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 2 Mar 2015. Using an estimated price of £128,401 means this house is valued at £2,422 per sq meter (£225 per sq foot).
The average size of a house on IVYFIELD ROAD is 64 sq meters (689 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Braemar Drive |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Ivyfield Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farrington Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farrington Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farrington Road |