£225,443
This estimated value is based upon the latest sale price for the house of £125,000 on 30 Jan 2006. 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 Millington Road
More crime details
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| Price Paid | Date |
|---|---|
| £125,000 | 30 Jan 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 January 2006 the House Price Index for WEST MIDLANDS was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.355%.Applying this 80.355% change to the original purchase price of £125,000 results in an estimated price of approximately £225,443.
| 30 Jan 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 149.7 | 80.355 % | £125,000 | £100,443 | £225,443 |
The Postcode Pricing Model uses changes in average sales price within the B36 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 | 76.980 % | £96,224 | £221,224 |
| 3 Month Average | 37.974 % | £47,467 | £172,467 |
| 6 Month Average | 47.012 % | £58,764 | £183,764 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £235,000 | £235,000 | 22 MILLINGTON ROAD |
| 31 Mar 2023 | £223,736 | £220,000 | 24 ERMINGTON CRESCENT |
| 15 Mar 2023 | £225,770 | £222,000 | 35 OAKDALE ROAD |
| 31 Aug 2022 | £208,977 | £208,000 | 28 MILLINGTON ROAD |
| 7 Dec 2021 | £242,844 | £225,000 | 38 ERMINGTON CRESCENT |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 15 Apr 2015. Using an estimated price of £225,444 means this house is valued at £2,561 per sq meter (£238 per sq foot).
The average size of a house on OAKDALE ROAD is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Millington Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millington Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakdale Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Chipperfield Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ermington Crescent |