£180,781
This estimated value is based upon the latest sale price for the house of £148,000 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £148,000 | 1 Nov 2019 |
| £79,000 | 18 Mar 2016 |
| £79,000 | 22 Feb 2016 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 November 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £148,000 results in an estimated price of approximately £180,781.
| 1 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £148,000 | £32,781 | £180,781 |
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 | 48.479 % | £71,749 | £219,749 |
| 3 Month Average | 24.012 % | £35,537 | £183,537 |
| 6 Month Average | 13.314 % | £19,704 | £167,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £136,756 | £135,000 | 23 CHESHIRE ROAD |
| 26 Jan 2022 | £172,422 | £164,500 | 28 BEARWOOD ROAD |
| 20 Jul 2021 | £154,524 | £135,000 | 16 CHESHIRE ROAD |
| 8 Oct 2020 | £154,222 | £132,000 | 6 BEARWOOD ROAD |
| 28 Aug 2020 | £71,653 | £60,000 | 168 CHESHIRE ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 1 Dec 2015. Using an estimated price of £180,781 means this house is valued at £2,231 per sq meter (£207 per sq foot).
The average size of a house on CHESHIRE ROAD is 105 sq meters (1,135 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norma Rose Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norma Rose Close |
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Watery Lane |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Watery Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watery Lane |