£745,438
This estimated value is based upon the latest sale price for the house of £442,500 on 7 Dec 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£442,500 | 7 Dec 2012 |
£248,000 | 12 Sep 2002 |
Detached |
Freehold |
Floor Area: 159 sq meters or 1,711 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 December 2012 the House Price Index for WEST MIDLANDS was 87.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.461%.Applying this 68.461% change to the original purchase price of £442,500 results in an estimated price of approximately £745,438.
7 Dec 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.9 | 148.0 | 68.461 % | £442,500 | £302,938 | £745,438 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 64.540 % | £285,589 | £728,089 |
3 Month Average | 23.146 % | £102,419 | £544,919 |
6 Month Average | 29.629 % | £131,107 | £573,607 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £400,137 | £395,000 | FLAT 5 BLOSSOMFIELD GARDENS, 34 BLOSSOMFIELD ROAD |
9 Mar 2023 | £261,413 | £260,000 | FLAT 7 DORCHESTER COURT DORCHESTER ROAD |
18 Aug 2022 | £278,121 | £280,000 | FLAT 8 DORCHESTER COURT DORCHESTER ROAD |
20 Jul 2022 | £654,116 | £655,000 | 34 DORCHESTER ROAD |
22 Jun 2022 | £412,177 | £408,000 | APARTMENT 5 76 DORCHESTER ROAD |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 7 Jun 2012. Using an estimated price of £745,439 means this house is valued at £4,688 per sq meter (£435 per sq foot).
The average size of a house on DORCHESTER ROAD is 117 sq meters (1,262 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |