£247,080
This estimated value is based upon the latest sale price for the house of £200,000 on 24 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £200,000 | 24 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £200,000 results in an estimated price of approximately £247,080.
| 24 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £200,000 | £47,080 | £247,080 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 26.204 % | £52,408 | £252,408 |
| 3 Month Average | 24.492 % | £48,983 | £248,983 |
| 6 Month Average | 21.096 % | £42,191 | £242,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £275,000 | £275,000 | 8 RATHBONE ROAD |
| 27 Oct 2023 | £206,694 | £202,000 | 51 RATHBONE ROAD |
| 25 Apr 2023 | £155,916 | £153,000 | 78 RATHBONE ROAD |
| 20 Mar 2023 | £289,840 | £285,000 | 46 RATHBONE ROAD |
| 20 Mar 2023 | £327,469 | £322,000 | 11 RATHBONE ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 8 May 2019. Using an estimated price of £247,080 means this house is valued at £2,111 per sq meter (£196 per sq foot).
The average size of a house on RATHBONE ROAD is 104 sq meters (1,122 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Rathbone Road |
| Sep 2024 | Anti-social behaviour | On or near Rathbone Road | |
| Sep 2024 | Anti-social behaviour | On or near Rathbone Road | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rathbone Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lincoln Road |