£383,846
This estimated value is based upon the latest sale price for the house of £380,000 on 8 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £380,000 | 8 Jul 2022 |
| £335,000 | 21 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 July 2022 the House Price Index for WEST MIDLANDS was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £380,000 results in an estimated price of approximately £383,846.
| 8 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £380,000 | £3,846 | £383,846 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | -19.876 % | £-75,529 | £304,470 |
| 3 Month Average | -3.021 % | £-11,478 | £368,521 |
| 6 Month Average | 7.938 % | £30,166 | £410,166 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £363,250 | £355,000 | 35 HARVINE WALK |
| 8 Sep 2023 | £337,439 | £330,000 | 10 ARLEY DRIVE |
| 14 Jun 2023 | £520,429 | £510,000 | 87 MERE ROAD |
| 28 Apr 2023 | £422,910 | £415,000 | 64 MERE ROAD |
| 8 Jul 2022 | £383,846 | £380,000 | 66 MERE ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 17 Oct 2019. Using an estimated price of £383,846 means this house is valued at £3,690 per sq meter (£342 per sq foot).
The average size of a house on MERE ROAD is 115 sq meters (1,240 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Belbroughton Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kempton Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kempton Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poplar Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Poplar Road |