£389,247
This estimated value is based upon the latest sale price for the house of £260,000 on 17 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£260,000 | 17 Oct 2014 |
Semi-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 October 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £260,000 results in an estimated price of approximately £389,247.
17 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 148.6 | 49.711 % | £260,000 | £129,247 | £389,247 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | -0.804 % | £-2,091 | £257,908 |
3 Month Average | 35.730 % | £92,899 | £352,899 |
6 Month Average | 35.418 % | £92,086 | £352,086 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £454,732 | £448,000 | 65 WELFORD ROAD |
10 Nov 2023 | £482,138 | £475,000 | 25 WELFORD ROAD |
28 Jun 2023 | £417,052 | £412,000 | 12 HASELOR ROAD |
4 Aug 2022 | £401,419 | £402,500 | 15 WELFORD ROAD |
20 Apr 2022 | £474,737 | £461,000 | 65 MAXSTOKE ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 23 Feb 2015. Using an estimated price of £389,248 means this house is valued at £3,742 per sq meter (£347 per sq foot).
The average size of a house on WELFORD ROAD is 111 sq meters (1,199 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Welford Road |
Mar 2024 | Other theft | Under investigation | On or near Haselor Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Haselor Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Haselor Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Haselor Road |