£253,099
This estimated value is based upon the latest sale price for the house of £162,500 on 1 May 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £162,500 | 1 May 2014 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 May 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £162,500 results in an estimated price of approximately £253,099.
| 1 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £162,500 | £90,599 | £253,099 |
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 | 12.599 % | £20,472 | £182,972 |
| 3 Month Average | 28.909 % | £46,977 | £209,477 |
| 6 Month Average | 55.924 % | £90,877 | £253,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £302,628 | £300,000 | 275 HIGHBRIDGE ROAD |
| 21 Apr 2023 | £85,499 | £83,900 | 59 FIR TREE GROVE |
| 11 Jan 2023 | £287,769 | £287,000 | 293 HIGHBRIDGE ROAD |
| 1 Aug 2022 | £432,020 | £430,000 | 18 WAKEFIELD CLOSE |
| 3 May 2022 | £292,623 | £285,000 | 52 FIR TREE GROVE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 30 Oct 2015. Using an estimated price of £253,099 means this house is valued at £3,330 per sq meter (£309 per sq foot).
There is one other house on the street which we know the size of, this is 35 GATE LANE it is 100.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Under investigation | On or near Gate Lane |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fir Tree Grove |
| Jul 2024 | Vehicle crime | Under investigation | On or near Fir Tree Grove |
| Jul 2024 | Possession of weapons | Under investigation | On or near Fir Tree Grove |
| Jul 2024 | Anti-social behaviour | On or near Fir Tree Grove |