£278,089
This estimated value is based upon the latest sale price for the house of £163,950 on 24 May 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£163,950 | 24 May 2010 |
Terraced |
Leasehold |
Floor Area: 106 sq meters or 1,151 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 May 2010 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.618%.Applying this 69.618% change to the original purchase price of £163,950 results in an estimated price of approximately £278,089.
24 May 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.618 % | £163,950 | £114,139 | £278,089 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | -29.758 % | £-48,788 | £115,161 |
3 Month Average | 47.174 % | £77,341 | £241,291 |
6 Month Average | 44.220 % | £72,498 | £236,448 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £348,090 | £342,000 | 89 SPRINGTHORPE ROAD |
22 Jul 2022 | £283,764 | £283,000 | 75 PYPE HAYES ROAD |
11 Feb 2022 | £137,379 | £131,000 | 9 TYBURN AVENUE |
8 Feb 2022 | £144,720 | £138,000 | 63 SPRINGTHORPE ROAD |
29 Sep 2021 | £140,087 | £130,000 | 5 TYBURN AVENUE |
This house has a floor area of 106 sq meters or 1,151 sq feet when measured on 5 May 2010. Using an estimated price of £278,089 means this house is valued at £2,599 per sq meter (£241 per sq foot).
The average size of a house on SPRINGTHORPE ROAD is 87 sq meters (945 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Springthorpe Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tyburn Square |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Smallwood Close |
Feb 2024 | Anti-social behaviour | On or near Cresswell Grove | |
Feb 2024 | Anti-social behaviour | On or near Cresswell Grove |