£362,651
This estimated value is based upon the latest sale price for the house of £195,000 on 2 Jun 2005. 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 Farmstead Road
More crime details
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| Price Paid | Date |
|---|---|
| £195,000 | 2 Jun 2005 |
| Detached |
| Freehold |
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 June 2005 the House Price Index for WEST MIDLANDS was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £195,000 results in an estimated price of approximately £362,651.
| 2 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 149.7 | 85.975 % | £195,000 | £167,651 | £362,651 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 102.049 % | £198,994 | £393,994 |
| 3 Month Average | 54.491 % | £106,257 | £301,257 |
| 6 Month Average | 53.776 % | £104,864 | £299,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £324,986 | £315,000 | 57 MAYSWOOD ROAD |
| 15 Nov 2023 | £389,897 | £380,000 | 172 MAYSWOOD ROAD |
| 3 Nov 2023 | £353,986 | £345,000 | 19 FARMSTEAD ROAD |
| 27 Oct 2023 | £281,391 | £275,000 | 8 NORGRAVE ROAD |
| 23 Oct 2023 | £148,370 | £145,000 | 34 FARMSTEAD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Under investigation | On or near Farmstead Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highcroft Close |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Highcroft Close |
| Jul 2024 | Anti-social behaviour | On or near Farm Close | |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Farm Close |