£177,145
This estimated value is based upon the latest sale price for the house of £175,000 on 5 Jun 2023. 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 |
|---|---|
| £175,000 | 5 Jun 2023 |
| £99,000 | 4 Apr 2007 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 June 2023 the House Price Index for WEST MIDLANDS was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £175,000 results in an estimated price of approximately £177,145.
| 5 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £175,000 | £2,145 | £177,145 |
The Postcode Pricing Model uses changes in average sales price within the B9 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 | 31.429 % | £55,000 | £230,000 |
| 3 Month Average | -7.986 % | £-13,975 | £161,024 |
| 6 Month Average | 6.781 % | £11,866 | £186,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £224,936 | £221,000 | 162 FORDROUGH LANE |
| 5 Jun 2023 | £177,146 | £175,000 | 86 PRETORIA ROAD |
| 28 Jul 2022 | £112,804 | £112,500 | 152 PRETORIA ROAD |
| 29 Oct 2020 | £134,905 | £115,000 | 83 PRETORIA ROAD |
| 22 Oct 2020 | £190,626 | £162,500 | 126 FORDROUGH LANE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 4 Dec 2015. Using an estimated price of £177,146 means this house is valued at £1,476 per sq meter (£137 per sq foot).
The average size of a house on PRETORIA ROAD is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pretoria Road |
| Feb 2024 | Anti-social behaviour | On or near Pretoria Road | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pretoria Road |
| Feb 2024 | Anti-social behaviour | On or near Pretoria Road | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pretoria Road |