£55,306
This estimated value is based upon the latest sale price for the house of £41,000 on 8 Apr 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £41,000 | 8 Apr 2016 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 April 2016 the House Price Index for WEST MIDLANDS was 109.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 34.895%.Applying this 34.895% change to the original purchase price of £41,000 results in an estimated price of approximately £55,306.
| 8 Apr 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.0 | 34.895 % | £41,000 | £14,306 | £55,306 |
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 | 1.092 % | £447 | £41,447 |
| 3 Month Average | 104.406 % | £42,806 | £83,806 |
| 6 Month Average | 84.643 % | £34,703 | £75,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £150,508 | £150,000 | 29 RONALD ROAD |
| 17 Mar 2023 | £125,679 | £125,000 | 64 BORDESLEY GREEN ROAD |
| 13 May 2022 | £101,509 | £100,000 | 38 RONALD ROAD |
| 17 Feb 2022 | £104,446 | £100,000 | 28 RONALD ROAD |
| 20 May 2021 | £2,476,046 | £2,200,000 | BIZSPACE BUSINESS PARK BORDESLEY GREEN ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 31 Mar 2016. Using an estimated price of £55,307 means this house is valued at £850 per sq meter (£79 per sq foot).
The average size of a house on BORDESLEY GREEN ROAD is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ronald Road |
| Apr 2024 | Other theft | Under investigation | On or near Ronald Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ronald Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ronald Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ronald Road |