£280,363
This estimated value is based upon the latest sale price for the house of £225,000 on 17 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 17 Aug 2018 |
| £196,000 | 5 Sep 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 August 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £225,000 results in an estimated price of approximately £280,363.
| 17 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £225,000 | £55,363 | £280,363 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 60.444 % | £135,998 | £360,998 |
| 3 Month Average | 26.722 % | £60,124 | £285,124 |
| 6 Month Average | 27.561 % | £62,011 | £287,011 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £505,534 | £490,000 | 79 CAMERON ROAD |
| 30 Oct 2023 | £306,972 | £300,000 | 24 CAMERON ROAD |
| 18 Oct 2023 | £312,088 | £305,000 | 2 ARGYLE CLOSE |
| 7 Sep 2023 | £352,777 | £345,000 | 37 CAMERON ROAD |
| 6 Sep 2023 | £306,762 | £300,000 | 14 ARGYLE CLOSE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 18 Feb 2016. Using an estimated price of £280,364 means this house is valued at £2,951 per sq meter (£274 per sq foot).
The average size of a house on ARGYLE ROAD is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fernleigh Road |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Buchanan Road |
| Jul 2024 | Anti-social behaviour | On or near Cameron Road | |
| Jul 2024 | Anti-social behaviour | On or near Cameron Road | |
| Jul 2024 | Anti-social behaviour | On or near Cameron Road |