£350,744
This estimated value is based upon the latest sale price for the house of £287,500 on 26 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£287,500 | 26 Jun 2020 |
Detached |
Freehold |
Floor Area: 198 sq meters or 2,131 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 June 2020 the House Price Index for WEST MIDLANDS was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £287,500 results in an estimated price of approximately £350,744.
26 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £287,500 | £63,244 | £350,744 |
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 | 13.976 % | £40,180 | £327,680 |
3 Month Average | 34.807 % | £100,069 | £387,569 |
6 Month Average | 27.901 % | £80,215 | £367,715 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2024 | £252,190 | £250,000 | 118 HARVEST ROAD |
8 Dec 2023 | £464,266 | £450,000 | 79 WILLIAM ROAD |
24 Nov 2023 | £215,469 | £210,000 | 45 WILLIAM ROAD |
24 Nov 2023 | £164,167 | £160,000 | 297 QUEENS ROAD |
13 Oct 2023 | £153,486 | £150,000 | 328 QUEENS ROAD |
This house has a floor area of 198 sq meters or 2,131 sq feet when measured on 3 Apr 2019. Using an estimated price of £350,744 means this house is valued at £1,771 per sq meter (£164 per sq foot).
The average size of a house on WILLIAM ROAD is 108 sq meters (1,163 sq feet).
This house is the largest in the street with a floor area of 198 sq meters (2,131 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hodgetts Close |
Oct 2024 | Burglary | Under investigation | On or near Smith Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Smith Close |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Smith Close |
Oct 2024 | Vehicle crime | Under investigation | On or near Albright Road |