£302,560
This estimated value is based upon the latest sale price for the house of £240,000 on 2 Nov 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £240,000 | 2 Nov 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 November 2017 the House Price Index for WEST MIDLANDS was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £240,000 results in an estimated price of approximately £302,560.
| 2 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £240,000 | £62,560 | £302,560 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 15.617 % | £37,481 | £277,481 |
| 3 Month Average | 3.287 % | £7,888 | £247,888 |
| 6 Month Average | 13.953 % | £33,488 | £273,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £270,458 | £267,000 | 74 VENTNOR ROAD |
| 1 Sep 2023 | £327,183 | £323,000 | 5 STUDLEY CROFT |
| 26 Jun 2023 | £237,881 | £235,000 | 117 VALLEY ROAD |
| 31 Mar 2023 | £353,329 | £350,000 | 96 VALLEY ROAD |
| 8 Sep 2022 | £247,997 | £250,000 | 74 VALLEY ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 18 May 2017. Using an estimated price of £302,561 means this house is valued at £2,801 per sq meter (£260 per sq foot).
The average size of a house on VALLEY ROAD is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Valley Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Valley Road |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Valley Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Valley Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Valley Road |