£349,790
This estimated value is based upon the latest sale price for the house of £285,000 on 4 Oct 2018. 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 Banners Gate Road
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| Price Paid | Date |
|---|---|
| £285,000 | 4 Oct 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 October 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.733%.Applying this 22.733% change to the original purchase price of £285,000 results in an estimated price of approximately £349,790.
| 4 Oct 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.733 % | £285,000 | £64,790 | £349,790 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 103.989 % | £296,370 | £581,370 |
| 3 Month Average | 34.345 % | £97,882 | £382,882 |
| 6 Month Average | 20.289 % | £57,822 | £342,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £271,652 | £270,000 | 34 BANNERS GATE ROAD |
| 19 Jun 2023 | £367,984 | £365,000 | 29 HOLLYHURST ROAD |
| 5 Aug 2022 | £427,114 | £430,000 | 61 HOLLYHURST ROAD |
| 18 May 2022 | £387,764 | £382,000 | 31 THE GREENWAY |
| 21 Apr 2022 | £376,410 | £367,000 | 50 THE GREENWAY |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 24 Apr 2018. Using an estimated price of £349,790 means this house is valued at £3,643 per sq meter (£338 per sq foot).
The average size of a house on HOLLYHURST ROAD is 109 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Banners Gate Road |
| Apr 2024 | Anti-social behaviour | On or near Banners Gate Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Banners Gate Road |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Banners Gate Road |
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near The Greenway |