£301,973
This estimated value is based upon the latest sale price for the house of £245,000 on 17 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £245,000 | 17 Feb 2020 |
| £70,000 | 21 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £245,000 results in an estimated price of approximately £301,973.
| 17 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £245,000 | £56,973 | £301,973 |
The Postcode Pricing Model uses changes in average sales price within the B12 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 | 111.444 % | £273,038 | £518,038 |
| 3 Month Average | -5.517 % | £-13,516 | £231,483 |
| 6 Month Average | 6.101 % | £14,947 | £259,947 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2024 | £324,500 | £324,500 | 14 WILLOWS CRESCENT |
| 27 Nov 2023 | £184,688 | £180,000 | 68 JAKEMAN ROAD |
| 31 Oct 2023 | £230,229 | £225,000 | 69 OAKFIELD ROAD |
| 1 Sep 2023 | £276,086 | £270,000 | APARTMENT 4 110 EDGBASTON ROAD |
| 16 Aug 2023 | £188,398 | £185,000 | 4 WILLOWS ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 5 Nov 2019. Using an estimated price of £301,974 means this house is valued at £2,495 per sq meter (£231 per sq foot).
The average size of a house on WILLOWS ROAD is 123 sq meters (1,324 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willows Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willows Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Willows Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willows Road |
| Oct 2024 | Robbery | Investigation complete; no suspect identified | On or near Willows Road |