£448,531
This estimated value is based upon the latest sale price for the house of £125,000 on 5 Dec 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Brookfield Way
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| Price Paid | Date |
|---|---|
| £125,000 | 5 Dec 2000 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 December 2000 the House Price Index for WEST MIDLANDS was 41.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 258.825%.Applying this 258.825% change to the original purchase price of £125,000 results in an estimated price of approximately £448,531.
| 5 Dec 2000 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 148.0 | 258.825 % | £125,000 | £323,531 | £448,531 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 167.091 % | £208,863 | £333,863 |
| 3 Month Average | 162.251 % | £202,813 | £327,813 |
| 6 Month Average | 180.069 % | £225,085 | £350,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £273,168 | £268,000 | 33 MERECOTE ROAD |
| 19 Dec 2023 | £331,267 | £325,000 | 38 SWANSWELL ROAD |
| 28 Jul 2023 | £338,199 | £335,000 | 41 MERECOTE ROAD |
| 28 Jul 2022 | £277,625 | £278,000 | 19 MERECOTE ROAD |
| 27 Jul 2022 | £285,364 | £285,750 | 73 SWANSWELL ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 1 Nov 2013. Using an estimated price of £448,531 means this house is valued at £4,771 per sq meter (£443 per sq foot).
The average size of a house on SWANSWELL ROAD is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Brookfield Way |
| Apr 2024 | Burglary | Under investigation | On or near Gunns Way |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Merecote Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Swanswell Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Theatre/Concert Hall |