£348,125
This estimated value is based upon the latest sale price for the house of £285,000 on 7 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 |
|---|---|
| £285,000 | 7 Nov 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 £285,000 results in an estimated price of approximately £348,125.
| 7 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £285,000 | £63,125 | £348,125 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | -27.023 % | £-77,014 | £207,985 |
| 3 Month Average | 4.215 % | £12,012 | £297,012 |
| 6 Month Average | 6.837 % | £19,486 | £304,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2022 | £311,215 | £315,000 | 29 FOXLEA ROAD |
| 7 Sep 2022 | £365,554 | £370,000 | 1 CHERRY TREE LANE |
| 4 Apr 2022 | £502,564 | £490,000 | 67 HAGLEY ROAD |
| 21 Mar 2022 | £309,623 | £300,000 | 29 CHERRY TREE LANE |
| 25 Feb 2022 | £258,504 | £247,500 | 24 FOXLEA ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 14 Aug 2019. Using an estimated price of £348,126 means this house is valued at £3,053 per sq meter (£283 per sq foot).
The average size of a house on FOXLEA ROAD is 120 sq meters (1,297 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxlea Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Foxlea Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Spring Walk |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Long Mynd |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mendip Road |