£103,671
This estimated value is based upon the latest sale price for the house of £95,500 on 14 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£95,500 | 14 Sep 2021 |
£77,500 | 21 Sep 2017 |
£18,000 | 3 Mar 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 661 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 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £95,500 results in an estimated price of approximately £103,671.
14 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £95,500 | £8,171 | £103,671 |
The Postcode Pricing Model uses changes in average sales price within the B65 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 | 14.069 % | £13,436 | £108,936 |
3 Month Average | 7.697 % | £7,350 | £102,850 |
6 Month Average | 8.912 % | £8,511 | £104,011 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jun 2024 | £236,000 | £236,000 | 177 - 178 HIGH STREET |
22 May 2024 | £145,000 | £145,000 | 30 SPRING AVENUE |
25 Mar 2024 | £167,067 | £164,500 | 42 CAUSEWAY |
18 Mar 2024 | £203,121 | £200,000 | 41 CAUSEWAY |
8 Dec 2023 | £171,263 | £166,000 | 48 BELLE VUE ROAD |
This house has a floor area of 61 sq meters or 661 sq feet when measured on 22 Oct 2011. Using an estimated price of £103,672 means this house is valued at £1,687 per sq meter (£156 per sq foot).
The average size of a house on BIRMINGHAM ROAD is 94 sq meters (1,021 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birmingham Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birmingham Road |
Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Short Street |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Short Street |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Short Street |