£62,197
This estimated value is based upon the latest sale price for the house of £50,000 on 18 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Rosewood Drive
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Price Paid | Date |
---|---|
£50,000 | 18 Jun 2018 |
£55,000 | 29 Jan 2015 |
£54,000 | 18 May 2012 |
£28,000 | 15 Mar 2002 |
Terraced |
Leasehold |
Floor Area: 54 sq meters or 585 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 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £50,000 results in an estimated price of approximately £62,197.
18 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.6 | 24.394 % | £50,000 | £12,197 | £62,197 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 16.472 % | £8,235 | £58,235 |
3 Month Average | 33.614 % | £16,807 | £66,807 |
6 Month Average | 13.688 % | £6,843 | £56,843 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £95,471 | £94,250 | 121 SLADE ROAD |
14 Jun 2023 | £521,315 | £515,000 | 15 GEORGE ROAD |
24 Mar 2023 | £242,283 | £240,000 | 30 BROOMFIELD ROAD |
21 Mar 2022 | £238,340 | £230,000 | 17 GEORGE ROAD |
18 Feb 2022 | £230,713 | £220,000 | 128 SLADE ROAD |
This house has a floor area of 54 sq meters or 585 sq feet when measured on 4 Feb 2012. Using an estimated price of £62,197 means this house is valued at £1,143 per sq meter (£106 per sq foot).
The average size of a house on ROSEWOOD DRIVE is 81 sq meters (881 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Rosewood Drive | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosewood Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Rosewood Drive |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Rosewood Drive |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Rosewood Drive |