£206,976
This estimated value is based upon the latest sale price for the house of £122,500 on 26 Apr 2013. 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 Hollyhedge Road
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| Price Paid | Date |
|---|---|
| £122,500 | 26 Apr 2013 |
| £52,000 | 9 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 April 2013 the House Price Index for WEST MIDLANDS was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £122,500 results in an estimated price of approximately £206,976.
| 26 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.960 % | £122,500 | £84,476 | £206,976 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 202.516 % | £248,081 | £370,581 |
| 3 Month Average | 68.947 % | £84,460 | £206,960 |
| 6 Month Average | 61.556 % | £75,406 | £197,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £575,000 | £575,000 | 45 HOLLYHEDGE ROAD |
| 9 May 2024 | £227,000 | £227,000 | 15 STANLEY ROAD |
| 15 Dec 2023 | £157,850 | £153,000 | 9 STANLEY ROAD |
| 14 Sep 2023 | £227,004 | £222,000 | 53 HOLLYHEDGE ROAD |
| 25 Aug 2023 | £305,510 | £300,000 | 70A HOLLYHEDGE ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 19 Dec 2012. Using an estimated price of £206,976 means this house is valued at £2,723 per sq meter (£253 per sq foot).
The average size of a house on HOLLYHEDGE ROAD is 117 sq meters (1,269 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Hollyhedge Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollyhedge Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyndhurst Road |
| Jul 2024 | Burglary | Under investigation | On or near Lyndhurst Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lyndhurst Road |