£223,846
This estimated value is based upon the latest sale price for the house of £174,950 on 18 Aug 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £174,950 | 18 Aug 2017 |
| £151,500 | 29 Aug 2012 |
| Detached |
| Freehold |
| Floor Area: 48 sq meters or 516 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 August 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £174,950 results in an estimated price of approximately £223,846.
| 18 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £174,950 | £48,896 | £223,846 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -20.540 % | £-35,935 | £139,014 |
| 3 Month Average | 13.365 % | £23,382 | £198,332 |
| 6 Month Average | 26.838 % | £46,952 | £221,902 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £182,809 | £180,000 | 32 SHERIDAN STREET |
| 6 Jul 2022 | £107,073 | £106,000 | 36 ST CLEMENTS LANE |
| 21 Mar 2022 | £93,954 | £90,000 | 24 ALBION FIELD DRIVE |
| 28 Jan 2022 | £92,767 | £87,500 | 38 ALBION FIELD DRIVE |
| 20 Aug 2021 | £174,200 | £155,000 | 24 SHERIDAN STREET |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 16 Jun 2012. Using an estimated price of £223,847 means this house is valued at £4,663 per sq meter (£433 per sq foot).
The average size of a house on SANDWELL ROAD NORTH is 74 sq meters (801 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Withers Way |
| Apr 2024 | Anti-social behaviour | On or near Withers Way | |
| Apr 2024 | Anti-social behaviour | On or near Withers Way | |
| Apr 2024 | Anti-social behaviour | On or near Withers Way | |
| Apr 2024 | Anti-social behaviour | On or near Withers Way |