£669,112
This estimated value is based upon the latest sale price for the house of £500,000 on 21 Sep 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £500,000 | 21 Sep 2016 |
| £156,000 | 26 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 167 sq meters or 1,797 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 September 2016 the House Price Index for WEST MIDLANDS was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £500,000 results in an estimated price of approximately £669,112.
| 21 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £500,000 | £169,112 | £669,112 |
The Postcode Pricing Model uses changes in average sales price within the B75 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 | 21.847 % | £109,233 | £609,233 |
| 3 Month Average | 32.201 % | £161,006 | £661,006 |
| 6 Month Average | 33.631 % | £168,152 | £668,152 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £509,184 | £500,000 | 3 HOLLYFIELD DRIVE |
| 20 Jun 2023 | £433,691 | £425,000 | 76 HOLLYFIELD ROAD |
| 8 Jun 2023 | £361,239 | £354,000 | 7 ST MARTINS ROAD |
| 2 Jun 2023 | £612,270 | £600,000 | 61 ST CHADS ROAD |
| 19 May 2022 | £592,434 | £577,000 | 262 RECTORY ROAD |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 3 Jun 2016. Using an estimated price of £669,112 means this house is valued at £4,006 per sq meter (£372 per sq foot).
The average size of a house on HOLLYFIELD ROAD is 129 sq meters (1,398 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Hollyfield Drive |
| Sep 2024 | Anti-social behaviour | On or near St Martins Road | |
| Sep 2024 | Anti-social behaviour | On or near St Martins Road | |
| Oct 2024 | Shoplifting | Under investigation | On or near Rectory Road |
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Rectory Road |