£164,969
This estimated value is based upon the latest sale price for the house of £102,000 on 19 Mar 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £102,000 | 19 Mar 2007 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2007 the House Price Index for WEST MIDLANDS was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £102,000 results in an estimated price of approximately £164,969.
| 19 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.6 | 61.735 % | £102,000 | £62,969 | £164,969 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 22.225 % | £22,669 | £124,669 |
| 3 Month Average | 67.512 % | £68,861 | £170,861 |
| 6 Month Average | 61.576 % | £62,808 | £164,808 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £172,319 | £170,000 | 90 PARKDALE DRIVE |
| 13 Apr 2023 | £187,014 | £185,000 | 3 CLEE ROAD |
| 9 Mar 2023 | £136,284 | £135,000 | 39 BEECHES WAY |
| 8 Jul 2022 | £183,494 | £183,000 | 84 PARKDALE DRIVE |
| 20 May 2022 | £173,265 | £170,000 | 12 HIGHCREST CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 28 Apr 2012. Using an estimated price of £164,970 means this house is valued at £2,618 per sq meter (£243 per sq foot).
The average size of a house on MERRISHAW ROAD is 83 sq meters (900 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clee Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clee Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clee Road |
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Clee Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Clee Road |