£307,083
This estimated value is based upon the latest sale price for the house of £93,000 on 3 Sep 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £93,000 | 3 Sep 2001 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 September 2001 the House Price Index for WEST MIDLANDS was 45.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 230.197%.Applying this 230.197% change to the original purchase price of £93,000 results in an estimated price of approximately £307,083.
| 3 Sep 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 149.7 | 230.197 % | £93,000 | £214,083 | £307,083 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | 56.856 % | £52,876 | £145,876 |
| 3 Month Average | 156.040 % | £145,116 | £238,116 |
| 6 Month Average | 205.199 % | £190,835 | £283,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £176,993 | £172,500 | 22 CHAMBERLAIN WALK |
| 2 Aug 2023 | £152,755 | £150,000 | 54 POOL ROAD |
| 30 Jun 2023 | £178,579 | £175,000 | 38 POOL ROAD |
| 13 Jun 2023 | £193,885 | £190,000 | 4 AMITY CLOSE |
| 8 Jul 2022 | £136,366 | £135,000 | 46 HIGGINS WALK |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 29 May 2018. Using an estimated price of £307,083 means this house is valued at £3,070 per sq meter (£285 per sq foot).
The average size of a house on VICTORIA PARK ROAD is 112 sq meters (1,206 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Victoria Park Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Salcombe Road |
| Jun 2024 | Anti-social behaviour | On or near Salcombe Road | |
| Jun 2024 | Anti-social behaviour | On or near Salcombe Road | |
| Jun 2024 | Anti-social behaviour | On or near Salcombe Road |