£228,537
This estimated value is based upon the latest sale price for the house of £81,000 on 23 Jul 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £81,000 | 23 Jul 2002 |
| £42,500 | 14 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 July 2002 the House Price Index for WEST MIDLANDS was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £81,000 results in an estimated price of approximately £228,537.
| 23 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 149.7 | 182.145 % | £81,000 | £147,537 | £228,537 |
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 | 150.822 % | £122,165 | £203,165 |
| 3 Month Average | 171.393 % | £138,828 | £219,828 |
| 6 Month Average | 198.299 % | £160,622 | £241,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £188,286 | £182,500 | 84 MERRIVALE ROAD |
| 17 Nov 2023 | £436,069 | £425,000 | 42 WILLOW AVENUE |
| 27 Jun 2023 | £196,947 | £193,000 | 37 DUNSFORD ROAD |
| 24 Feb 2023 | £201,345 | £200,000 | 20 DUNSFORD ROAD |
| 27 Jan 2023 | £225,603 | £225,000 | 52 MERRIVALE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 21 Jul 2020. Using an estimated price of £228,538 means this house is valued at £2,892 per sq meter (£268 per sq foot).
The average size of a house on MERRIVALE ROAD is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belmont Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belmont Road |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Belmont Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Rawlings Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rawlings Road |