£114,515
This estimated value is based upon the latest sale price for the house of £86,000 on 21 Jul 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £86,000 | 21 Jul 2016 |
| £105,000 | 2 Nov 2007 |
| £73,000 | 12 Mar 2004 |
| £20,750 | 25 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £86,000 results in an estimated price of approximately £114,515.
| 21 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £86,000 | £28,515 | £114,515 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 90.027 % | £77,422 | £163,422 |
| 3 Month Average | 20.358 % | £17,507 | £103,507 |
| 6 Month Average | 16.900 % | £14,534 | £100,534 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £160,553 | £158,500 | 26 NORFOLK ROAD |
| 14 Jun 2023 | £80,981 | £80,000 | 20 NORFOLK ROAD |
| 14 Jun 2023 | £103,251 | £102,000 | 60 NORFOLK ROAD |
| 10 Feb 2023 | £134,909 | £135,000 | 8 NORFOLK ROAD |
| 20 Jan 2023 | £145,315 | £146,000 | 154 BRUFORD ROAD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 24 Sep 2012. Using an estimated price of £114,516 means this house is valued at £916 per sq meter (£85 per sq foot).
The average size of a house on BAMFORD ROAD is 86 sq meters (930 sq feet).
This house is the largest in the street with a floor area of 125 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Bamford Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bamford Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bamford Road |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Bamford Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bamford Road |