£271,930
This estimated value is based upon the latest sale price for the house of £220,000 on 25 Sep 2019. 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 George Road
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| Price Paid | Date |
|---|---|
| £220,000 | 25 Sep 2019 |
| £143,500 | 23 Jan 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 787 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 September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £220,000 results in an estimated price of approximately £271,930.
| 25 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £220,000 | £51,930 | £271,930 |
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 | -0.947 % | £-2,082 | £217,917 |
| 3 Month Average | -5.761 % | £-12,673 | £207,326 |
| 6 Month Average | 19.401 % | £42,682 | £262,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £288,505 | £286,000 | 116 ELIZABETH ROAD |
| 8 Apr 2024 | £296,575 | £294,000 | 73 ELIZABETH ROAD |
| 4 Oct 2023 | £205,160 | £200,500 | 124 ELIZABETH ROAD |
| 11 Aug 2023 | £274,959 | £270,000 | 15 GEORGE ROAD |
| 8 Aug 2023 | £193,490 | £190,000 | 77 ELIZABETH ROAD |
This house has a floor area of 73 sq meters or 787 sq feet when measured on 6 Jun 2011. Using an estimated price of £271,930 means this house is valued at £3,718 per sq meter (£345 per sq foot).
The average size of a house on GEORGE ROAD is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near George Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near George Road |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near George Road |
| Jul 2024 | Burglary | Under investigation | On or near George Road |
| Jul 2024 | Shoplifting | Awaiting court outcome | On or near George Road |