£230,718
This estimated value is based upon the latest sale price for the house of £47,500 on 9 Jan 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £47,500 | 9 Jan 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 January 1998 the House Price Index for WEST MIDLANDS was 30.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 385.724%.Applying this 385.724% change to the original purchase price of £47,500 results in an estimated price of approximately £230,718.
| 9 Jan 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.8 | 149.7 | 385.724 % | £47,500 | £183,218 | £230,718 |
The Postcode Pricing Model uses changes in average sales price within the B10 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 | 533.015 % | £253,182 | £300,682 |
| 3 Month Average | 451.925 % | £214,664 | £262,164 |
| 6 Month Average | 398.402 % | £189,241 | £236,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £196,023 | £190,000 | 62 BANKES ROAD |
| 23 Oct 2023 | £214,880 | £210,000 | 24 BURLINGTON ROAD |
| 27 Feb 2023 | £246,648 | £245,000 | 86 BANKES ROAD |
| 10 Dec 2021 | £172,689 | £160,000 | 74 BURLINGTON ROAD |
| 22 Nov 2021 | £176,502 | £162,000 | 395 GREEN LANE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 5 Dec 2013. Using an estimated price of £230,719 means this house is valued at £2,507 per sq meter (£232 per sq foot).
The average size of a house on BURLINGTON ROAD is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Local resolution | On or near First Avenue |
| Oct 2024 | Other crime | Local resolution | On or near First Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near First Avenue |
| Sep 2024 | Anti-social behaviour | On or near First Avenue | |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near First Avenue |