£194,370
This estimated value is based upon the latest sale price for the house of £112,500 on 17 Feb 2012. 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 |
|---|---|
| £112,500 | 17 Feb 2012 |
| £69,000 | 4 Oct 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 837 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 February 2012 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £112,500 results in an estimated price of approximately £194,370.
| 17 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.774 % | £112,500 | £81,870 | £194,370 |
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 | 123.489 % | £138,924 | £251,424 |
| 3 Month Average | 52.457 % | £59,013 | £171,513 |
| 6 Month Average | 48.592 % | £54,665 | £167,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £156,358 | £155,000 | 88 RAYFORD DRIVE |
| 15 Dec 2023 | £236,260 | £229,000 | 15 ANDREW ROAD |
| 28 Nov 2023 | £314,483 | £306,500 | 97 ANDREW ROAD |
| 27 Oct 2023 | £219,997 | £215,000 | 21 ANDREW ROAD |
| 3 Oct 2023 | £260,926 | £255,000 | 37 STANHURST WAY |
This house has a floor area of 77 sq meters or 837 sq feet when measured on 14 Jan 2009. Using an estimated price of £194,371 means this house is valued at £2,496 per sq meter (£231 per sq foot).
The average size of a house on ANDREW ROAD is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Rayford Drive |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Rayford Drive |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rayford Drive |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rayford Drive |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rayford Drive |