£150,029
This estimated value is based upon the latest sale price for the house of £117,500 on 15 Sep 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £117,500 | 15 Sep 2017 |
| £87,000 | 28 Oct 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £117,500 results in an estimated price of approximately £150,029.
| 15 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £117,500 | £32,529 | £150,029 |
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 | 85.704 % | £100,702 | £218,202 |
| 3 Month Average | 28.645 % | £33,658 | £151,158 |
| 6 Month Average | 33.107 % | £38,900 | £156,400 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2024 | £140,000 | £140,000 | 45 JAMES WATT STREET |
| 12 Sep 2024 | £127,000 | £127,000 | 32 SCHOFIELD AVENUE |
| 11 Sep 2024 | £180,000 | £180,000 | 4 WINCHESTER ROAD |
| 3 May 2024 | £250,000 | £250,000 | 25 JAMES WATT STREET |
| 21 Nov 2023 | £225,730 | £220,000 | 20 SCHOFIELD AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 16 Feb 2017. Using an estimated price of £150,030 means this house is valued at £2,239 per sq meter (£208 per sq foot).
The average size of a house on WINCHESTER ROAD is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winchester Road |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Winchester Road |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Winchester Road |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Winchester Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winchester Road |