£223,334
This estimated value is based upon the latest sale price for the house of £140,000 on 24 Feb 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 24 Feb 2014 |
| £163,000 | 12 Oct 2010 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,127 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 February 2014 the House Price Index for WEST MIDLANDS was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £140,000 results in an estimated price of approximately £223,334.
| 24 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £140,000 | £83,334 | £223,334 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 163.397 % | £228,756 | £368,756 |
| 3 Month Average | 50.650 % | £70,910 | £210,910 |
| 6 Month Average | 55.210 % | £77,294 | £217,294 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £105,920 | £105,000 | 8 ARCHER GARDENS |
| 19 Jun 2023 | £204,090 | £200,000 | 15 SANDWELL GROVE |
| 1 Jun 2023 | £250,010 | £245,000 | 4 SANDWELL GROVE |
| 1 Nov 2022 | £211,510 | £212,499 | 151 HIGH STREET |
| 23 Sep 2022 | £234,843 | £235,000 | 7 TIBBETTS ROAD |
This house has a floor area of 104 sq meters or 1,127 sq feet when measured on 15 Sep 2009. Using an estimated price of £223,335 means this house is valued at £2,131 per sq meter (£198 per sq foot).
The average size of a house on SANDWELL GROVE is 96 sq meters (1,042 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Unable to prosecute suspect | On or near Sandwell Grove |
| May 2024 | Public order | Unable to prosecute suspect | On or near Sandwell Grove |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tibbetts Road |
| Jun 2024 | Other crime | Under investigation | On or near St Anne'S Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Anne'S Road |