£200,810
This estimated value is based upon the latest sale price for the house of £120,000 on 24 May 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 24 May 2013 |
| £150,000 | 28 Jun 2002 |
| £93,500 | 21 Aug 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 May 2013 the House Price Index for WEST MIDLANDS was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £120,000 results in an estimated price of approximately £200,810.
| 24 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.342 % | £120,000 | £80,810 | £200,810 |
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 | 0.997 % | £1,195 | £121,195 |
| 3 Month Average | 52.290 % | £62,748 | £182,748 |
| 6 Month Average | 85.953 % | £103,143 | £223,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £411,086 | £405,000 | 4 HEATH LANE |
| 22 Sep 2023 | £506,476 | £500,000 | 15 HOLLYHEDGE ROAD |
| 2 Jun 2023 | £288,495 | £285,000 | 120 STANLEY ROAD |
| 24 Feb 2023 | £246,834 | £247,000 | 53 ALTON GROVE |
| 1 Jul 2022 | £225,607 | £225,000 | 70 STANLEY ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 15 Jan 2013. Using an estimated price of £200,811 means this house is valued at £1,701 per sq meter (£158 per sq foot).
The average size of a house on HOLLYHEDGE ROAD is 117 sq meters (1,269 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alton Grove |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Wilkes Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Wilkes Street |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Wilkes Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Churchview Walk |