£171,721
This estimated value is based upon the latest sale price for the house of £50,100 on 30 May 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,100 | 30 May 2001 |
| £15,000 | 12 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2001 the House Price Index for WEST MIDLANDS was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £50,100 results in an estimated price of approximately £171,721.
| 30 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £50,100 | £121,621 | £171,721 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 257.798 % | £129,156 | £179,256 |
| 3 Month Average | 206.659 % | £103,536 | £153,636 |
| 6 Month Average | 250.235 % | £125,367 | £175,467 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £278,752 | £275,000 | 1 WESTON ROAD |
| 28 Jun 2023 | £172,084 | £170,000 | 37 WESTON ROAD |
| 26 Apr 2023 | £252,721 | £250,000 | 1 CLIFFORD ROAD |
| 19 Aug 2022 | £196,970 | £197,500 | 24 WESTON ROAD |
| 29 Jul 2022 | £230,621 | £230,000 | 155 MILCOTE ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 5 Oct 2020. Using an estimated price of £171,721 means this house is valued at £2,418 per sq meter (£224 per sq foot).
The average size of a house on MILCOTE ROAD is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Weston Road |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Weston Road |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Weston Road |
| Dec 2023 | Shoplifting | Unable to prosecute suspect | On or near Weston Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Three Shires Oak Road |