£325,027
This estimated value is based upon the latest sale price for the house of £143,000 on 24 Sep 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £143,000 | 24 Sep 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 243 sq meters or 2,615 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 2003 the House Price Index for WEST MIDLANDS was 65.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 127.292%.Applying this 127.292% change to the original purchase price of £143,000 results in an estimated price of approximately £325,027.
| 24 Sep 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 148.0 | 127.292 % | £143,000 | £182,027 | £325,027 |
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 | 45.075 % | £64,457 | £207,457 |
| 3 Month Average | 80.678 % | £115,370 | £258,370 |
| 6 Month Average | 139.118 % | £198,938 | £341,938 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £155,950 | £153,000 | 9 STANLEY ROAD |
| 25 Aug 2023 | £301,835 | £300,000 | 70A HOLLYHEDGE ROAD |
| 20 Jan 2023 | £381,648 | £385,000 | 8 PENNYHILL LANE |
| 9 Sep 2022 | £321,095 | £325,000 | 103 HOLLYHEDGE ROAD |
| 17 Nov 2021 | £12,926 | £12,000 | 106 HOLLYHEDGE ROAD |
This house has a floor area of 243 sq meters or 2,615 sq feet when measured on 23 May 2016. Using an estimated price of £325,027 means this house is valued at £1,337 per sq meter (£124 per sq foot).
The average size of a house on HOLLYHEDGE ROAD is 117 sq meters (1,269 sq feet).
This house is the largest in the street with a floor area of 243 sq meters (2,615 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thursfield Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hollyhedge Road |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Hollyhedge Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Road |