£325,444
This estimated value is based upon the latest sale price for the house of £180,000 on 16 Dec 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £180,000 | 16 Dec 2008 |
| £140,000 | 8 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 2008 the House Price Index for WEST MIDLANDS was 81.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 80.802%.Applying this 80.802% change to the original purchase price of £180,000 results in an estimated price of approximately £325,444.
| 16 Dec 2008 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.9 | 148.0 | 80.802 % | £180,000 | £145,444 | £325,444 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 125.670 % | £226,206 | £406,206 |
| 3 Month Average | 64.626 % | £116,327 | £296,327 |
| 6 Month Average | 46.715 % | £84,086 | £264,086 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £345,771 | £342,500 | 22 GREEN LANES |
| 21 Apr 2023 | £206,535 | £205,000 | 674 CHESTER ROAD |
| 20 Jan 2023 | £354,387 | £357,500 | 48 FLORENCE ROAD |
| 30 Nov 2022 | £216,489 | £220,000 | 672 CHESTER ROAD |
| 3 May 2022 | £431,413 | £425,000 | 11 BROADFIELDS ROAD |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 15 Feb 2015. Using an estimated price of £325,444 means this house is valued at £2,522 per sq meter (£234 per sq foot).
The average size of a house on FLORENCE ROAD is 125 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area |