£372,476
This estimated value is based upon the latest sale price for the house of £256,500 on 5 Jun 2015. 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 Monmouth Road
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| Price Paid | Date |
|---|---|
| £256,500 | 5 Jun 2015 |
| £161,000 | 18 Nov 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2015 the House Price Index for WEST MIDLANDS was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £256,500 results in an estimated price of approximately £372,476.
| 5 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £256,500 | £115,976 | £372,476 |
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 | 73.240 % | £187,860 | £444,360 |
| 3 Month Average | 35.294 % | £90,527 | £347,027 |
| 6 Month Average | 53.642 % | £137,591 | £394,091 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £374,792 | £370,000 | 72 MONMOUTH ROAD |
| 25 Jul 2023 | £364,911 | £360,000 | 78 MONMOUTH ROAD |
| 18 Jul 2022 | £357,964 | £357,000 | 47 HARBORNE ROAD |
| 15 Jul 2022 | £466,255 | £465,000 | 4 MONMOUTH ROAD |
| 22 Jun 2022 | £385,447 | £380,000 | 80 MONMOUTH ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 20 May 2013. Using an estimated price of £372,476 means this house is valued at £3,920 per sq meter (£364 per sq foot).
The average size of a house on MONMOUTH ROAD is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Monmouth Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Monmouth Road |
| Mar 2024 | Robbery | Under investigation | On or near Beechwood Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Beechwood Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Beechwood Road |