£239,587
This estimated value is based upon the latest sale price for the house of £150,000 on 24 Jan 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 24 Jan 2014 |
| Terraced |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 2014 the House Price Index for WEST MIDLANDS was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £150,000 results in an estimated price of approximately £239,587.
| 24 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £150,000 | £89,587 | £239,587 |
The Postcode Pricing Model uses changes in average sales price within the B29 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 | 64.589 % | £96,882 | £246,882 |
| 3 Month Average | 59.340 % | £89,010 | £239,010 |
| 6 Month Average | 82.844 % | £124,265 | £274,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £383,354 | £380,000 | 69 SWARTHMORE ROAD |
| 6 Apr 2023 | £260,808 | £258,000 | 34 PRESTHOPE ROAD |
| 6 Jan 2023 | £432,961 | £435,000 | 92 PRESTHOPE ROAD |
| 31 Aug 2022 | £214,423 | £215,000 | 107 SWARTHMORE ROAD |
| 29 Apr 2022 | £332,110 | £322,500 | 164 SWARTHMORE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 1 Nov 2013. Using an estimated price of £239,588 means this house is valued at £3,630 per sq meter (£337 per sq foot).
The average size of a house on PRESTHOPE ROAD is 99 sq meters (1,074 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Presthope Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Presthope Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Presthope Road |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Presthope Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tredington Close |